PARETEUM Corp 4

4 · PARETEUM Corp · Filed Nov 22, 2016

Form 4

Period: 2016-09-30

Director

Transactions

Award
Options to Purchase Common Stock
2016-11-18+7,500,000→ 7,500,000 total
Exercise: $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 total
From: 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.

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