Bozzo Vic 4
4 · PARETEUM Corp · Filed May 17, 2019
Insider Transaction Report
Form 4
PARETEUM CorpTEUM
Bozzo Vic
Chief Executive Officer
Transactions
- Award
Option
2019-01-02+150,000→ 650,000 totalExercise: $1.72From: 2020-01-01Exp: 2025-01-01→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]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").
- [F2]The January Option Grant is compensation for the Reporting Person's service as Chief Executive Officer of the Issuer.
- [F3]Includes (i) the January Option Grant and (ii) a previously disclosed option granted pursuant to the Pareteum Corp. 2017 Long-Term Incentive Compensation Plan, with an exercise price of $2.37 and an expiration date of February 5, 2029, of which one-third vested on February 5, 2019 and two-thirds shall vest in 24 equal monthly installments over a two year period thereafter.