SEC Form 4 · accession 0001144204-15-019099
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alex Vermeulen
Officer — Secretary; General Counsel
Period of report
Jan 29, 2015
Accepted (ET)
Mar 27, 2015 · 9:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084384
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F1 | $0.79 | Jan 29, 2015 | A | 100,000 | A | Jan 29, 2015 | Jan 29, 2018 | CommonStock | 100,000 | 100,000 | D |
Explanation of responses
- F1The options were issued to the Reporting Person under the Issuer's Amended and Restated 2008 Long-Term Incentive Compensation Plan to incentivize key management. The grant of these options were approved by the Compensation Committee on January 29, 2015. One third of the options vested on January 29, 2015, one third shall vest on January 29, 2016 and the remaining one third shall vest on January 29, 2017.