Robert M. Beaty - 09 Feb 2023 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
Director
Signature
/s/ Robert Matthew Beaty
Issuer symbol
KTEL
Transactions as of
09 Feb 2023
Net transactions value
-$33,001
Form type
4
Filing time
10 Feb 2023, 12:42:09 UTC
Previous filing
15 Nov 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTEL Common Stock Other $33,001 -44,686 -89% $0.7385 5,314 09 Feb 2023 Direct F1
transaction KTEL Common Stock Options Exercise $33,000 +100,000 +1882% $0.3300 105,314 09 Feb 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KTEL Option Options Exercise $8,250 -25,000 -5.3% $0.3300 450,000 09 Feb 2023 Common Stock 25,000 $0.3300 Direct F3
transaction KTEL Option Options Exercise $8,250 -25,000 -5.6% $0.3300 425,000 09 Feb 2023 Common Stock 25,000 $0.3300 Direct F3
transaction KTEL Option Options Exercise $8,250 -25,000 -5.9% $0.3300 400,000 09 Feb 2023 Common Stock 25,000 $0.3300 Direct F3
transaction KTEL Option Options Exercise $8,250 -25,000 -6.2% $0.3300 375,000 09 Feb 2023 Common Stock 25,000 $0.3300 Direct F3
holding KTEL Option 125,000 09 Feb 2023 Common Stock 25,000 $0.1771 Direct F2, F3
holding KTEL Option 150,000 09 Feb 2023 Common Stock 25,000 $0.1672 Direct F3
holding KTEL Option 175,000 09 Feb 2023 Common Stock 25,000 $0.1672 Direct F3
holding KTEL Option 200,000 09 Feb 2023 Common Stock 25,000 $0.1650 Direct F3
holding KTEL Option 225,000 09 Feb 2023 Common Stock 25,000 $0.2618 Direct F3
holding KTEL Option 250,000 09 Feb 2023 Common Stock 25,000 $0.1309 Direct F3
holding KTEL Option 275,000 09 Feb 2023 Common Stock 25,000 $0.0627 Direct F3
holding KTEL Option 300,000 09 Feb 2023 Common Stock 25,000 $0.4400 Direct F3
holding KTEL Option 325,000 09 Feb 2023 Common Stock 25,000 $0.6600 Direct F3
holding KTEL Option 350,000 09 Feb 2023 Common Stock 25,000 $0.9350 Direct F3
holding KTEL Option 375,000 09 Feb 2023 Common Stock 25,000 $1.92 Direct F3
holding KTEL Option 400,000 09 Feb 2023 Common Stock 25,000 $1.14 Direct F3
holding KTEL Option 425,000 09 Feb 2023 Common Stock 25,000 $1.01 Direct F3
holding KTEL Option 450,000 09 Feb 2023 Common Stock 25,000 $1.91 Direct F3
holding KTEL Option 475,000 09 Feb 2023 Common Stock 25,000 $1.32 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conveyed to the Company 44,686 shares of the Company's common stock acquired by the reporting person in a private transaction on October 19, 2020, in an exempt transaction pursuant to Section 16b-3(e), in full payment of the exercise price of 100,000 ISO's granted to the reporting person on February 12, 2018.
F2 100,000 of these options were granted to Mr. Beaty on February 12, 2018, and were disclosed on his Form 3 filed February 26, 2018.
F3 Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan.