SEC Form 4 · accession 0001144204-17-002096
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roderick De Greef
Director
Period of report
Sep 30, 2016
Accepted (ET)
Jan 13, 2017 · 10:17 am 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF1 | — | Sep 30, 2016 | P | 6 | A | Sep 30, 2016 | — | Common Stock | — | 6 | D |
| Series A Convertible Preferred StockF1 | — | Nov 22, 2016 | S | 6 | D | Sep 30, 2016 | — | Common Stock | — | 0 | D |
Explanation of responses
- F1The Series A Convertible Preferred Stock (the "Series A Preferred Stock") is convertible into shares of common stock, at the holder's election, at all times since issuance and has no expiration date (though the issuer may force the reporting person to convert the Series A Preferred Stock into shares of common stock at any time after September 2, 2017). Each share of Series A Preferred Stock is convertible into 0.04% of the Company's issued and outstanding shares of common stock immediately prior to conversion.