SEC Form 4 · accession 0001144204-16-076281
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Nije
Officer — Chief Financial Officer
Period of report
Jan 18, 2016
Accepted (ET)
Jan 20, 2016 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084384
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 18, 2016 | A | 33,154 | — | A | 141,910 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of Common Stock were issued to LMI Europe BV, of which the Reporting Person has 100% ownership, pursuant to the Issuer's Amended and Restated 2008 Long-Term Incentive Compensation Plan, as amended, in respect of Q4 2015 service as a non-employee officer. The grant for Q4 2015 service represented a value of US $8,121.00. The number of shares issued was determined based on the average closing price of the Common Stock for the 10 trading days prior to the close of the quarter, discounted by 25%.