PELLING GREG 4

4 · COUNTERPATH CORP · Filed Dec 21, 2009

Form 4

Period: 2008-10-09

Director

Transactions

Other
Common Shares
2009-03-12$0.51/sh+279,412$142,500→ 383,642 total
Conversion
Common Shares
2009-05-11+50,000→ 433,642 total
Conversion
Exchangeable Shares
2008-10-09−50,000→ 150,000 total
From: 2007-08-02→ Common (50,000 underlying)
Conversion
Exchangeable Shares
2008-11-19−50,000→ 100,000 total
From: 2007-08-02→ Common (50,000 underlying)
Conversion
Common Shares
2008-10-09+50,000→ 54,230 total
Conversion
Common Shares
2008-11-19+50,000→ 104,230 total
Conversion
Exchangeable Shares
2009-05-11−50,000→ 50,000 total
From: 2007-08-02→ Common (50,000 underlying)

Holdings

Stock Options
Exercise: $2.00From: 2006-12-31Exp: 2014-12-31→ 200000 (200,000 underlying)
200,000

Footnotes (5)

[F1]These amounts are in Canadian dolalrs.
[F2]The options vest as to 66,666 on December 31, 2007, 66,667 on December 31, 2008 and 66,667 on December 31, 2009.
[F3]Reflects a five for one forward split.
[F4]These shares represent exchangeable shares of 6789722 Canada Inc. on the basis of one exchangeable share of 6789722 Canada Inc. for each common share of NewHeights Software Corporation. Each exchangeable share of 6789722 Canada Inc. is exchangeable into one share of CounterPath Corporation.
[F5]These shares were issued pursuant to Settlement Agreement dated October 31, 2008 amongst Greg Pelling, CounterPath Corporation and CounterPath Technologies Inc.

Documents

1 file