Todd Murcer - 17 Sep 2024 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
EVP Finance and Secretary
Signature
/s/ B. Todd Murcer
Issuer symbol
KTEL
Transactions as of
17 Sep 2024
Net transactions value
$0
Form type
4
Filing time
19 Sep 2024, 14:13:52 UTC
Previous filing
14 Sep 2023
Next filing
24 Mar 2025
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
holding KTEL Option 250,000 17 Sep 2024 Common Stock 250,000 $0.3700 Direct F1
holding KTEL Option 500,000 17 Sep 2024 Common Stock 250,000 $0.3700 Direct F1
holding KTEL Option 750,000 17 Sep 2024 Common Stock 250,000 $0.3700 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 17, 2024, the Company's Board of Directors adopted resolutions to reprice the 750,000 ISOs from an exercise price of $0.8090 to the closing price of $0.37 at September 16, 2024, with all other terms and conditions of the originally granted ISOs to remain the same.