PARETEUM Corp 4
4 · PARETEUM Corp · Filed Nov 16, 2016
Insider Transaction Report
Form 4
PARETEUM CorpTEUM
Brandt Gary G
Chief Restructuring Officer
Transactions
- Award
Common Stock
2016-10-17+1,000,000→ 1,000,000 total - Award
Options to purchase Common stock
2015-12-16+1,500,000→ 1,500,000 totalExercise: $0.23From: 2016-12-16Exp: 2019-12-16→ Common Stock (1,500,000 underlying)
Footnotes (2)
- [F1]The shares of Common Stock were issued to the reporting person in respect of an extraordinary issuance due to the Issuer's restructure.
- [F2]The reporting person received these options in connection with his appointment as Chief Restructuring Officer of the Issuer. The options vest in three equal installments. The first installment vests on December 16, 2016 (the "Effective Date"). The remaining installments vest on an annual basis on the anniversary of the Effective Date.