John Pasqual - Jan 23, 2024 Form 4 Insider Report for iCoreConnect Inc. (ICCT)

Role
Director
Signature
/s/ John Pasqual
Stock symbol
ICCT
Transactions as of
Jan 23, 2024
Transactions value $
$118,040
Form type
4
Date filed
12/9/2024, 05:00 PM
Previous filing
Sep 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICCT Common Stock Award $20K +16.1K +28.35% $1.24 73K Jan 23, 2024 Direct
transaction ICCT Common Stock Award $20K +5.03K +6.88% $3.98 78.1K Jan 23, 2024 Direct
transaction ICCT Common Stock Award $20K +16.4K +21% $1.22 94.5K Mar 29, 2024 Direct
transaction ICCT Common Stock Award $135 +150 +0.16% $0.90 94.6K Jun 25, 2024 Direct
transaction ICCT Common Stock Award $800 +860 +0.91% $0.93 95.5K Jun 27, 2024 Direct
transaction ICCT Common Stock Award $20K +21.6K +22.58% $0.93 117K Jun 30, 2024 Direct
transaction ICCT Common Stock Purchase $2.9K +5K +4.27% $0.58 122K Aug 27, 2024 Direct
transaction ICCT Common Stock Award $2.95K +5K +4.1% $0.59 127K Aug 27, 2024 See Footnote F3
transaction ICCT Common Stock Award $5.5K +10K +7.87% $0.55 137K Sep 5, 2024 Direct
transaction ICCT Common Stock Award $2.75K +5K +3.65% $0.55 142K Sep 5, 2024 See Footnote F3
transaction ICCT Common Stock Award $20K +57.1K +40.24% $0.35 199K Sep 30, 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 ICCT Series A Preferred stock Award $3K +300 +12% $10.00 2.8K Aug 25, 2024 Common Stock 1.5K See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock is convertible, at the option of the holder thereof, at any time, and without the payment of additional consideration by the holder thereof, into shares of Common Stock
F2 Each share of Series A Preferred Stock is convertible into shares of Common Stock as is determined by dividing the Original Issue Price of $10.00 by the Conversion Price in effect at the time of conversion. The amount set forth in the table is based on an assumed Conversion Price of $10.00 per share, which is the current Conversion Price. The Conversion Price will be reset to the lesser of $10.00 or 20% above the simple average of the volume weighted average price on the 20 trading days following 12 months after August 25, 2023; provided further that such Conversion Price shall be no greater than $10.00 and no less than $2.00 (such amounts subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization).
F3 Owned jointly by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.