Jeffrey Pearl - 25 Oct 2023 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
Director
Signature
/s/ Jeffrey Pearl
Issuer symbol
KTEL
Transactions as of
25 Oct 2023
Net transactions value
$0
Form type
4
Filing time
26 Oct 2023, 11:51:36 UTC
Previous filing
01 May 2023
Next filing
27 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTEL Common Stock Options Exercise $49,500 +100,000 $0.4950 100,000 25 Oct 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 $12,375 -25,000 -5.6% $0.4950 425,000 25 Oct 2023 Common Stock 25,000 $0.4950 Direct
transaction KTEL Option Options Exercise $12,375 -25,000 -5.9% $0.4950 400,000 25 Oct 2023 Common Stock 25,000 $0.4950 Direct
transaction KTEL Option Options Exercise $12,375 -25,000 -6.2% $0.4950 375,000 25 Oct 2023 Common Stock 25,000 $0.4950 Direct
transaction KTEL Option Options Exercise $12,375 -25,000 -6.7% $0.4950 350,000 25 Oct 2023 Common Stock 25,000 $0.4950 Direct
holding KTEL Option 125,000 25 Oct 2023 Common Stock 25,000 $0.1650 Direct F1
holding KTEL Option 150,000 25 Oct 2023 Common Stock 25,000 $0.1232 Direct
holding KTEL Option 175,000 25 Oct 2023 Common Stock 25,000 $0.1672 Direct
holding KTEL Option 200,000 25 Oct 2023 Common Stock 25,000 $0.1001 Direct
holding KTEL Option 225,000 25 Oct 2023 Common Stock 25,000 $0.4895 Direct
holding KTEL Option 250,000 25 Oct 2023 Common Stock 25,000 $0.5970 Direct
holding KTEL Option 275,000 25 Oct 2023 Common Stock 25,000 $0.8130 Direct
holding KTEL Option 300,000 25 Oct 2023 Common Stock 25,000 $1.60 Direct
holding KTEL Option 325,000 25 Oct 2023 Common Stock 25,000 $1.34 Direct
holding KTEL Option 350,000 25 Oct 2023 Common Stock 25,000 $1.10 Direct
holding KTEL Option 375,000 25 Oct 2023 Common Stock 25,000 $1.74 Direct
holding KTEL Option 400,000 25 Oct 2023 Common Stock 25,000 $1.39 Direct
holding KTEL Option 425,000 25 Oct 2023 Common Stock 25,000 $0.8800 Direct
holding KTEL Option 450,000 25 Oct 2023 Common Stock 25,000 $0.7810 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Pearl previously reported his ownership of 100,000 options convertible into Common Stock on his Form 3 filed January 22, 2019. They expire at the earliest of October 28, 2023 or one year from his termination or resignation as a member of the Board of Directors, and are convertible at $0.495 per share.

Remarks:

These are underlying shares that were registered and are "control shares" by virtue of his being an "affiliate."