Kevin Williams - Jul 5, 2023 Form 4 Insider Report for Voip-pal.com Inc (VPLM)

Role
CFO, Director
Signature
KEVIN WILLIAMS
Stock symbol
VPLM
Transactions as of
Jul 5, 2023
Transactions value $
$0
Form type
4
Date filed
7/12/2023, 02:51 PM
Previous filing
May 18, 2023
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VPLM COMMON Options Exercise $25K +5M $0.01* 5M Jul 5, 2023 Direct F1
transaction VPLM COMMON Tax liability -$25K -309K -6.17% $0.08 4.69M Jul 5, 2023 Direct F1

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 VPLM OPTIONS Options Exercise $0 +5M $0.00 5M Jul 5, 2023 COMMON 5M $0.01 Direct
holding VPLM COMMON WARRANTS 30M Jul 5, 2023 COMMON 30M $0.01 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 308,642 shares withheld by issuer at the market price of $0.081 per share less an exercise price of $0.005 per share to fund the cashless exercise of 5,000,000 options owned by the Reporting Person pursuant to the Plan and related Award Agreement

Remarks:

The transactions reported above in Table I that relate to the exercise of stock options reflect the cashless exercise transactions. The cashless exercise for each set of options is reported in two lines. The first line of the cashless exercise transaction is coded M in column 3 of Table I and reports in column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the options, together with the exercise price with Code A for acquired. The line coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in Column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with Code D for disposed. The transactions reported in Table II above, reflect the disposition of the same stock options whose cashless exercise is disclosed in Table I above. The number of derivative securities owned after the transactions reported in column 9 of Table II above includes remaining stock options and warrants to purchase a total of 30,000,000 shares of common stock.