SEC Form 4 · accession 0001144204-16-098046
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francisco Ros
Director
Period of report
Apr 29, 2016
Accepted (ET)
Apr 29, 2016 · 6:56 pm EDT
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 | Apr 29, 2016 | A | 45,327 | — | A | 273,539 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of Common Stock were issued to the reporting person pursuant to the Issuer's Amended and Restated 2008 Long-Term Incentive Compensation Plan, as amended, in respect of Q1 2016 service as a non-employee director. The grant for Q1 2016 service represented a value of US $7,800.00. 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%.