Robert P. McDermott - 20 Oct 2023 Form 4 Insider Report for iCoreConnect Inc. (ICCT)

Reporting relationship: Chief Executive Officer, Director, 10%+ Owner
Issuer ticker: ICCT
Reported as of: 20 Oct 2023
Net transaction value: +$172,882
SEC form: 4
Accepted by SEC: 06 Dec 2024, 17:00:15 UTC
Prior SEC filing: 02 Oct 2023
Next SEC filing: 03 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Robert P. McDermott

Key filing fact

Robert P. McDermott filed Form 4 for iCoreConnect Inc. (ICCT) on 06 Dec 2024.

Key facts

This page summarizes Robert P. McDermott's Form 4 filing for iCoreConnect Inc. (ICCT).
14 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 06 Dec 2024, 17:00.

Change

Previous filing in this sequence was filed on 02 Oct 2023.
Current net transaction value: +$172,882.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ICCT transaction

Common Stock

Award

Transaction value: $20,001
Shares: +16,130
Change %: +1.9%
Price: $1.24
Shares after: 856,337
Date: 23 Jan 2024
Ownership: Direct

ICCT transaction

Common Stock

Award

Transaction value: $20,003
Shares: +5,026
Change %: +0.59%
Price: $3.98
Shares after: 861,363
Date: 23 Jan 2024
Ownership: Direct

ICCT transaction

Common Stock

Award

Transaction value: $20,001
Shares: +16,394
Change %: +1.9%
Price: $1.22
Shares after: 877,757
Date: 29 Mar 2024
Ownership: Direct

ICCT transaction

Common Stock

Award

Transaction value: $20,000
Shares: +21,552
Change %: +2.5%
Price: $0.9280
Shares after: 899,309
Date: 30 Jun 2024
Ownership: Direct

ICCT transaction

Common Stock

Award

Transaction value: $23,455
Shares: +36,648
Change %: +4.1%
Price: $0.6400
Shares after: 935,957
Date: 31 Jul 2024
Ownership: See footnote
Footnotes: F7

ICCT transaction

Common Stock

Award

Transaction value: $20,000
Shares: +57,143
Change %: +6.1%
Price: $0.3500
Shares after: 993,100
Date: 30 Sep 2024
Ownership: Direct

ICCT transaction

Common Stock

Purchase

Transaction value: $42,621
Shares: +236,785
Change %: +24%
Price: $0.1800
Shares after: 1,229,885
Date: 25 Nov 2024
Ownership: Direct

ICCT transaction

Common Stock

Purchase

Transaction value: $6,800
Shares: +40,000
Change %: +3.3%
Price: $0.1700
Shares after: 1,269,885
Date: 26 Nov 2024
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ICCT transaction Derivative

Common Stock Warrant

Award

Transaction value: $0
Shares: +39,000
Change %
Price: $0.000000
Shares after: 39,000
Date: 01 Jan 2024
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 39,000
Exercise price: $1.36
Footnotes: F1, F8

ICCT transaction Derivative

Stock Option

Award

Transaction value: $0
Shares: +452,414
Change %
Price: $0.000000
Shares after: 452,414
Date: 20 Oct 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 452,414
Exercise price: $3.71
Footnotes: F2

ICCT transaction Derivative

Stock Option

Award

Transaction value: $0
Shares: +570,754
Change %
Price: $0.000000
Shares after: 570,754
Date: 31 May 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 570,754
Exercise price: $1.46
Footnotes: F3

ICCT transaction Derivative

Stock Option

Award

Transaction value: $0
Shares: +1,817,742
Change %
Price: $0.000000
Shares after: 1,817,742
Date: 31 May 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,817,742
Exercise price: $3.10
Footnotes: F4

ICCT transaction Derivative

Series A Preferred Stock

Award

Transaction value: $0
Shares: +1,701
Change %: +12%
Price: $0.000000
Shares after: 16,374
Date: 25 Aug 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,505
Exercise price
Footnotes: F5, F6

ICCT transaction Derivative

Common Stock Warrant

Award

Transaction value: $0
Shares: +86,435
Change %: +222%
Price: $0.000000
Shares after: 125,435
Date: 31 Aug 2024
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 86,435
Exercise price: $0.5325
Footnotes: F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

The common stock warrant is fully vested and exercisable.

Footnote F2

The stock option vests and becomes fully exercisable on December 16, 2024.

Footnote F3

The stock option vests and becomes exercisable annually, in equal installments, over a 3 year period.

Footnote F4

The stock option is fully vested and exercisable.

Footnote F5

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.

Footnote F6

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).

Footnote F7

Common stock owned by entity 100% controlled by shareholder.

Footnote F8

Common stock warrant owned by entity 100% controller by shareholder.