Jin Kuang - 13 Jun 2024 Form 4 Insider Report for Voip-pal.com Inc (VPLM)

Role
CFO
Signature
JIN KUANG
Issuer symbol
VPLM
Transactions as of
13 Jun 2024
Net transactions value
-$0.005
Form type
4
Filing time
13 Jun 2024, 17:21:44 UTC
Previous filing
17 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 $32,500 +6,500,000 +456% $0.005000 7,926,000 13 Jun 2024 Direct F3
transaction VPLM COMMON Tax liability $32,500 -1,911,765 -24% $0.0170 6,014,235 13 Jun 2024 Direct F3
holding VPLM COMMON 1,426,000 13 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 OPTIONS 2,500,000 13 Jun 2024 COMMON 2,500,000 $0.005000 Direct
holding VPLM OPTIONS 5,000,000 13 Jun 2024 COMMON 2,500,000 $0.005000 Direct F1
holding VPLM WARRANTS 5,000,000 13 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 OPTIONS AS OF REPORTING PERIOD
F2 TOTAL WARRANTS AS OF REPORTING PERIOD
F3 Reflects 1,911,765 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 6,500,000 option owned by the Reporting Person pursuant to the Plan and related Award Agreement date 30-05-2023

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 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 number of derivative securities owned after the transactions reported in Table I are the options to purchase a total of 5,000,000 shares of common stock listed for the January 2024 agreement in column 9 of Table II