SEC Form 4 · accession 0001144204-15-067616
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Harold Turner
Director
Period of report
Nov 16, 2015
Accepted (ET)
Nov 23, 2015 · 7:02 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF1 | $0.33 | Nov 16, 2015 | A | 2,500,000 | A | — | Nov 16, 2022 | Common Stock | 2,500,000 | 2,500,000 | D |
Explanation of responses
- F1The reporting person received these options in connection with his appointment to the board of directors of the registrant. The options vest in four equal installments. The first installment vests on November 16, 2015 (the "Effective Date"). The remaining installments vest on an annual basis thereafter on the anniversary of the Effective Date.