Robert M. Beaty - 17 Sep 2024 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
Director
Signature
/s/ Robert Matthew Beaty
Issuer symbol
KTEL
Transactions as of
17 Sep 2024
Net transactions value
$0
Form type
4
Filing time
19 Sep 2024, 14:11:45 UTC
Previous filing
12 Aug 2024
Next filing
13 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KTEL Common Stock 139,577 17 Sep 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
holding KTEL Option 25,000 17 Sep 2024 Common Stock 25,000 $0.1672 Direct F1
holding KTEL Option 50,000 17 Sep 2024 Common Stock 25,000 $0.1650 Direct F1
holding KTEL Option 75,000 17 Sep 2024 Common Stock 25,000 $0.2618 Direct F1
holding KTEL Option 100,000 17 Sep 2024 Common Stock 25,000 $0.1309 Direct F1
holding KTEL Option 125,000 17 Sep 2024 Common Stock 25,000 $0.0627 Direct F1
holding KTEL Option 150,000 17 Sep 2024 Common Stock 25,000 $0.4400 Direct F1
holding KTEL Option 175,000 17 Sep 2024 Common Stock 25,000 $0.6600 Direct F1
holding KTEL Option 200,000 17 Sep 2024 Common Stock 25,000 $0.9350 Direct F1
holding KTEL Option 225,000 17 Sep 2024 Common Stock 25,000 $1.92 Direct F1
holding KTEL Option 250,000 17 Sep 2024 Common Stock 25,000 $1.14 Direct F1
holding KTEL Option 275,000 17 Sep 2024 Common Stock 25,000 $1.01 Direct F1
holding KTEL Option 300,000 17 Sep 2024 Common Stock 25,000 $1.91 Direct F1
holding KTEL Option 325,000 17 Sep 2024 Common Stock 25,000 $1.32 Direct F1
holding KTEL Option 350,000 17 Sep 2024 Common Stock 25,000 $0.8140 Direct F1
holding KTEL Option 375,000 17 Sep 2024 Common Stock 25,000 $0.8710 Direct F1
holding KTEL Option 408,333 17 Sep 2024 Common Stock 33,333 $0.4100 Direct F1, F2
holding KTEL Option 441,666 17 Sep 2024 Common Stock 33,333 $0.4100 Direct F1, F2
holding KTEL Option 475,000 17 Sep 2024 Common Stock 33,334 $0.4100 Direct F1, F2
holding KTEL Option 691,666 17 Sep 2024 Common Stock 216,666 $0.4100 Direct F1, F2, F3
holding KTEL Option 908,333 17 Sep 2024 Common Stock 216,667 $0.4100 Direct F1, F2, F3
holding KTEL Option 1,125,000 17 Sep 2024 Common Stock 216,667 $0.4100 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan.
F2 On September 17, 2024, the Company's Board of Directors repriced the 100,000 and 650,000 ISOs, granted on November 29, 2023, at the price of $0.935 per share, to 110% of the closing price at September 16, 2024, which was $0.37 per share, to $0.41 per share, with all other terms of the originally granted ISOs to remain the same.
F3 On September 17, 2024, the Board of Directors adopted resolutions to extend the conditional dates of Mr. Beaty's 650,000 ISO's related to the Viva-US Telecommunications, Inc. conditions of required customers by one (1) additional year.