SEC Form 4 · accession 0001144204-16-134727
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick M. Carroll
Officer — See Remarks
Period of report
Oct 17, 2016
Accepted (ET)
Nov 15, 2016 · 4:23 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 | Oct 17, 2016 | A | 1,283,203 | — | A | 3,195,114 | 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 in respect of the settlement of past unpaid expensed and/or fees owed by the Company or its subsidiaries or affiliates from time to time, detailed in Exhibit E of the Share Purchase Agreement by and among Pareteum Corporation (formerly Elephant Talk Communications Corp.) and VSFT Holdings Inc. dated September 30, 2016.
Remarks
Former President, ETAK and Exec. Chairman, ValidSoft