Todd Murcer - 08 Sep 2023 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
EVP Finance and Secretary
Signature
/s/ Todd Murcer
Issuer symbol
KTEL
Transactions as of
08 Sep 2023
Net transactions value
+$199,000
Form type
4
Filing time
14 Sep 2023, 12:26:22 UTC
Previous filing
25 Feb 2022
Next filing
19 Sep 2024
SEC
View on sec.gov

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 Disposed to Issuer $101,938 -87,500 -25% $1.16 262,500 08 Sep 2023 Common Stock 87,500 $1.16 Direct F1
transaction KTEL Option Disposed to Issuer $101,938 -87,500 -33% $1.16 175,000 08 Sep 2023 Common Stock 87,500 $1.16 Direct F1
transaction KTEL Option Disposed to Issuer $101,938 -87,500 -50% $1.16 87,500 08 Sep 2023 Common Stock 87,500 $1.16 Direct F1
transaction KTEL Option Disposed to Issuer $101,938 -87,500 -100% $1.16 0 08 Sep 2023 Common Stock 87,500 $1.16 Direct F1
transaction KTEL Option Award $202,250 +250,000 $0.8090 250,000 08 Sep 2023 Common Stock 250,000 $0.8090 Direct F1
transaction KTEL Option Award $202,250 +250,000 +100% $0.8090 500,000 08 Sep 2023 Common Stock 250,000 $0.8090 Direct F1
transaction KTEL Option Award $202,250 +250,000 +50% $0.8090 750,000 08 Sep 2023 Common Stock 250,000 $0.8090 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective September 8, 2023, Mr. Murcer's previous 350,000 options were cancelled and he was granted 750,000 new options.