Charles D. Griffin - Sep 17, 2024 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role
COO, President
Signature
/s/ Charles D. Griffin
Stock symbol
KTEL
Transactions as of
Sep 17, 2024
Transactions value $
$0
Form type
4
Date filed
9/19/2024, 05:27 PM
Previous filing
Dec 4, 2023

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 275K Sep 17, 2024 Common Stock 275K $0.41 Direct F1
holding KTEL Option 550K Sep 17, 2024 Common Stock 275K $0.41 Direct F1
holding KTEL Option 825K Sep 17, 2024 Common Stock 275K $0.41 Direct F1
holding KTEL Option 1.1M Sep 17, 2024 Common Stock 275K $0.41 Direct F1
holding KTEL Option 1.28M Sep 17, 2024 Common Stock 183K $0.41 Direct F1
holding KTEL Option 1.47M Sep 17, 2024 Common Stock 183K $0.41 Direct F1
holding KTEL Option 1.65M Sep 17, 2024 Common Stock 183K $0.41 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 Board of Directors repriced the 1,100,000 and 550,000 ISO's, respectively granted on July 6, 2021, and November 29, 2023, at the respective prices of $0.75 and $0.935 per share, to 110% of the closing price at September 16, 2024, which was $0.37, to $0.41 per share, with all other terms and conditions of the originally granted ISOs to remain the same.