PARETEUM Corp 4
4 · PARETEUM Corp · Filed Jan 6, 2017
Insider Transaction Report
Form 4
PARETEUM CorpTEUM
Turner Robert Harold
Director
Transactions
- Award
Common Stock
2017-01-04$0.12/sh+223,400$26,808→ 2,373,400 total - Award
Common Stock
2017-01-04$0.14/sh+2,000,000$280,000→ 2,150,000 total - Sale
Series A Convertible Preferred Stock
2016-11-22$60000.00/sh−6$360,000→ 0 totalFrom: 2016-09-30→ Common Stock - Award
Common Stock
2017-01-04$0.33/sh+150,000$49,500→ 150,000 total
Footnotes (4)
- [F1]The shares of Common Stock were issued to the reporting person pursuant to the Issuer's Amended and Restated 2008 Long-Term Incentive Compensation Plan, as amended, in respect of compensation owed pursuant to the reporting person's employment agreement dated Nov. 2015.
- [F2]The shares of Common Stock were issued to the reporting person pursuant to the Issuer's Amended and Restated 2008 Long-Term Incentive Compensation Plan, as amended, in respect of compensation owed pursuant to the reporting person's employment agreement dated Nov. 2016.
- [F3]The shares of Common Stock were issued to the reporting person pursuant to the Issuer's Amended and Restated 2008 Long-Term Incentive Compensation Plan, as amended, as reimbursement of unused vacation time for 2015 and 2016.
- [F4]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.