4//SEC Filing
PARETEUM Corp 4
Accession 0001144204-16-136007
CIK 0001084384operating
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 6:03 PM ET
Size
8.6 KB
Accession
0001144204-16-136007
Insider Transaction Report
Form 4
PARETEUM CorpTEUM
Turner Robert Harold
Director
Transactions
- Award
Options to Purchase Common Stock
2016-11-18+7,500,000→ 7,500,000 totalExercise: $0.14From: 2016-11-18Exp: 2023-11-18→ Common Stock (7,500,000 underlying) - Purchase
Series A Convertible Preferred Stock
2016-09-30$60000.00/sh+6$360,000→ 6 totalFrom: 2016-09-30→ Common Stock
Footnotes (2)
- [F1]The Series A Convertible Preferred Stock (the "Series A Preferred Stock") is convertible into shares of common stock, at the holder's election, at all times since issuance and has no expiration date (though the issuer may force the reporting person to convert the Series A Preferred Stock into shares of common stock at any time after September 2, 2017). Each share of Series A Preferred Stock is convertible into 0.04% of the Company's issued and outstanding shares of common stock immediately prior to conversion.
- [F2]The Options were issued pursuant to the Company's Amended and Restated 2008 Long-Term Incentive Compensation Plan and shall vest and become exercisable over a period of three (3) years, with 1,875,000 shares vesting immediately, and the remaining 5,625,000 shares vesting in 3 installments of 1,875,000 each, annually, on the first, second and third anniversary of the option grant.
Documents
Issuer
PARETEUM Corp
CIK 0001084384
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001084384
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 6:03 PM ET
- Size
- 8.6 KB