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

Role
Director
Signature
/s/ Jeffrey Pearl
Stock symbol
KTEL
Transactions as of
Oct 25, 2023
Transactions value $
$0
Form type
4
Date filed
10/26/2023, 11:51 AM
Previous filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTEL Common Stock Options Exercise $49.5K +100K $0.50 100K Oct 25, 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 -$12.4K -25K -5.56% $0.50 425K Oct 25, 2023 Common Stock 25K $0.50 Direct
transaction KTEL Option Options Exercise -$12.4K -25K -5.88% $0.50 400K Oct 25, 2023 Common Stock 25K $0.50 Direct
transaction KTEL Option Options Exercise -$12.4K -25K -6.25% $0.50 375K Oct 25, 2023 Common Stock 25K $0.50 Direct
transaction KTEL Option Options Exercise -$12.4K -25K -6.67% $0.50 350K Oct 25, 2023 Common Stock 25K $0.50 Direct
holding KTEL Option 125K Oct 25, 2023 Common Stock 25K $0.17 Direct F1
holding KTEL Option 150K Oct 25, 2023 Common Stock 25K $0.12 Direct
holding KTEL Option 175K Oct 25, 2023 Common Stock 25K $0.17 Direct
holding KTEL Option 200K Oct 25, 2023 Common Stock 25K $0.10 Direct
holding KTEL Option 225K Oct 25, 2023 Common Stock 25K $0.49 Direct
holding KTEL Option 250K Oct 25, 2023 Common Stock 25K $0.60 Direct
holding KTEL Option 275K Oct 25, 2023 Common Stock 25K $0.81 Direct
holding KTEL Option 300K Oct 25, 2023 Common Stock 25K $1.60 Direct
holding KTEL Option 325K Oct 25, 2023 Common Stock 25K $1.34 Direct
holding KTEL Option 350K Oct 25, 2023 Common Stock 25K $1.10 Direct
holding KTEL Option 375K Oct 25, 2023 Common Stock 25K $1.74 Direct
holding KTEL Option 400K Oct 25, 2023 Common Stock 25K $1.39 Direct
holding KTEL Option 425K Oct 25, 2023 Common Stock 25K $0.88 Direct
holding KTEL Option 450K Oct 25, 2023 Common Stock 25K $0.78 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."