Kevin Bryan Williams - 07 Jun 2024 Form 4 Insider Report for Voip-pal.com Inc (VPLM)

Role
Director
Signature
KEVIN WILLIAMS
Issuer symbol
VPLM
Transactions as of
07 Jun 2024
Net transactions value
+$0.004
Form type
4
Filing time
12 Jun 2024, 15:22:52 UTC
Previous filing
11 Jun 2024
Next filing
24 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VPLM COMMON Options Exercise $25,000 +5,000,000 +197% $0.005000 7,540,710 07 Jun 2024 Direct F3
transaction VPLM COMMON Tax liability $25,000 -1,470,588 -20% $0.0170 6,070,122 07 Jun 2024 Direct F3
holding VPLM COMMON 2,540,710 07 Jun 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 VPLM WARRANTS 20,000,000 07 Jun 2024 COMMON 20,000,000 $0.005000 Direct
holding VPLM WARRANTS 45,000,000 07 Jun 2024 COMMON 25,000,000 $0.005000 Direct F1
holding VPLM OPTIONS 5,000,000 07 Jun 2024 COMMON 5,000,000 $0.005000 Direct
holding VPLM OPTIONS 10,000,000 07 Jun 2024 COMMON 5,000,000 $0.005000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 TOTAL WARRANTS AS OF REPORTING PERIOD
F2 TOTAL OPTIONS AS OF REPORTING PERIOD
F3 Reflects 1,470,588 shares withheld by issuer at the market price of $0.017 per share less an exercise price of $0.005 per share to fund the cashless exercise of 5,000,000 warrants owned by the Reporting Person pursuant to the Common Share Warrant Agreement dated 30-05-2022

Remarks:

The transactions reported above in Table I that relate to the exercise of options reflect the cashless exercise transactions. The cashless exercise for each set of warrants 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 warrants had cash been paid to exercise the warrants, 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 warrants with Code D for disposed. The number of derivative securities owned after the transactions reported in Table I are the warrants to purchase a total of 20,000,000 shares of common stock listed in column 9 of Table II