Robert M. Beaty - 10 May 2024 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
Director
Signature
/s/ Robert M. Beaty
Issuer symbol
KTEL
Transactions as of
10 May 2024
Net transactions value
-$1,245
Form type
4
Filing time
13 May 2024, 13:44:15 UTC
Previous filing
04 Dec 2023
Next filing
12 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KTEL Common Stock Other $1,245 -7,028 -6.7% $0.1771* 98,286 10 May 2024 Direct F1
transaction KTEL Common Stock Options Exercise $4,428 +25,000 +25% $0.1771* 123,286 10 May 2024 Direct
holding KTEL Common Stock 105,314 10 May 2024 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 $4,428 -25,000 -2.1% $0.1771* 1,150,000 10 May 2024 Common Stock 25,000 $0.1771 Direct F2
holding KTEL Option 25,000 10 May 2024 Common Stock 25,000 $0.1771 Direct F2
holding KTEL Option 50,000 10 May 2024 Common Stock 25,000 $0.1672 Direct F2
holding KTEL Option 75,000 10 May 2024 Common Stock 25,000 $0.1672 Direct F2
holding KTEL Option 100,000 10 May 2024 Common Stock 25,000 $0.1650 Direct F2
holding KTEL Option 125,000 10 May 2024 Common Stock 25,000 $0.2618 Direct F2
holding KTEL Option 150,000 10 May 2024 Common Stock 25,000 $0.1309 Direct F2
holding KTEL Option 175,000 10 May 2024 Common Stock 25,000 $0.0627 Direct F2
holding KTEL Option 200,000 10 May 2024 Common Stock 25,000 $0.4400 Direct F2
holding KTEL Option 225,000 10 May 2024 Common Stock 25,000 $0.6600 Direct F2
holding KTEL Option 250,000 10 May 2024 Common Stock 25,000 $0.9350 Direct F2
holding KTEL Option 275,000 10 May 2024 Common Stock 25,000 $1.92 Direct F2
holding KTEL Option 300,000 10 May 2024 Common Stock 25,000 $1.14 Direct F2
holding KTEL Option 325,000 10 May 2024 Common Stock 25,000 $1.01 Direct F2
holding KTEL Option 350,000 10 May 2024 Common Stock 25,000 $1.91 Direct F2
holding KTEL Option 375,000 10 May 2024 Common Stock 25,000 $1.32 Direct F2
holding KTEL Option 400,000 10 May 2024 Common Stock 25,000 $0.8140 Direct F2
holding KTEL Option 425,000 10 May 2024 Common Stock 25,000 $0.8710 Direct F2
holding KTEL Option 458,333 10 May 2024 Common Stock 33,333 $0.9350 Direct F2
holding KTEL Option 491,666 10 May 2024 Common Stock 33,333 $0.9350 Direct F2
holding KTEL Option 525,000 10 May 2024 Common Stock 33,334 $0.9350 Direct F2
holding KTEL Option 741,666 10 May 2024 Common Stock 216,666 $0.9350 Direct F2
holding KTEL Option 958,333 10 May 2024 Common Stock 216,667 $0.9350 Direct F2
holding KTEL Option 1,175,000 10 May 2024 Common Stock 216,667 $0.9350 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Conveyed to the Company 7,028 shares of the Company's common stock acquired by the reporting person in a private transaction on May 12, 2019, in an exempt transaction pursuant to Section 16b-3(c), in full payment of the exercise price of 25,000 ISO's granted to the reporting person on May 12, 2019.
F2 Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan.