Lippert Robert Lee 4
4 · PARETEUM Corp · Filed May 17, 2019
Insider Transaction Report
Form 4
PARETEUM CorpTEUM
Lippert Robert Lee
Director
Transactions
- Award
Common Stock
2019-01-02+6,967→ 16,967 total - Award
Option
2019-01-02+100,000→ 100,000 totalExercise: $1.72From: 2020-01-01Exp: 2025-01-01→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Represents compensation for board fees in lieu of cash for part of the Issuer's fourth quarter 2018 (the "Board Fees").
- [F2]The Board Fees represents compensation for the Reporting Person's service as a director of the Issuer.
- [F3]Option is granted pursuant to the Pareteum Corp. 2018 Long-Term Incentive Compensation Plan, of which one-third shall vest on January 1, 2020 and two-thirds shall vest in 24 equal monthly installments over a two year period thereafter (the "January Option Grant").
- [F4]The January Option Grant represents a one-time award of securities as compensation for the Reporting Person's service as a director of the Issuer.