SEC Form 4 · accession 0001144204-17-001305
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert F Skaff Jr.
Director
Period of report
Jan 6, 2017
Accepted (ET)
Jan 9, 2017 · 2:37 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 6, 2017 | A | 74,356 | — | A | 1,437,750 | D | |
| Common StockF2 | Jan 6, 2017 | A | 105,460 | — | A | 1,543,210 | D | |
| Common StockF3 | Jan 6, 2017 | A | 108,145 | — | A | 1,651,355 | D | |
| Common StockF4 | Jan 6, 2017 | A | 152,812 | — | A | 1,804,167 | 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 member of the Board of Directors. The grant for Q1 2016 service represented a value of US $12,794.54. The number of shares issued for the quarter 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%.
- F2The 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 Q2 2016 service as a member of the Board of Directors. The grant for Q2 2016 service represented a value of US $13,125.00. The number of shares issued for the quarter 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%.
- F3The 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 Q3 2016 service as a member of the Board of Directors. The grant for Q3 2016 service represented a value of US $13,125.00. The number of shares issued for the quarter 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%.
- F4The 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 Q4 2016 service as a member of the Board of Directors. The grant for Q4 2016 service represented a value of US $13,125.00. The number of shares issued for the quarter 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%.