SEC Form 3 · accession 0001144204-17-010295
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erik Kloots
Officer — See Remarks
Period of report
Apr 1, 2016
Accepted (ET)
Feb 22, 2017 · 9:25 am 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 Stock | holding | — | — | — | 1,119,780 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase common stockF1 | $1.35 | holding | — | — | — | — | Jan 1, 2020 | Common Stock | 75,000 | — | D |
| Options to purchase common stockF2 | $2.50 | holding | — | — | — | — | Jan 1, 2021 | Common Stock | 100,000 | — | D |
| Options to purchase common stockF3 | $1.52 | holding | — | — | — | — | Jan 15, 2018 | Common Stock | 37,500 | — | D |
| Options to purchase common stock | $0.88 | holding | — | — | — | Apr 15, 2014 | Apr 15, 2017 | Common Stock | 62,647 | — | D |
| Options to purchase common stockF4 | $0.82 | holding | — | — | — | — | Jan 16, 2019 | Common Stock | 37,500 | — | D |
Explanation of responses
- F1The Options were granted on January 1, 2010 pursuant to the Company's Amended and Restated 2008 Long-Term Incentive Compensation Plan (the "Plan") and vested in three equal installments of 25,000 shares on the first, second and third anniversary of the date of grant.
- F2The Options were granted on April 29, 2011 pursuant to the Plan and vested in four equal installments with the first 25,000 shares vesting on the date of grant and the remaining three equal annual installments beginning on January 1, 2012.
- F3The Options were granted on January 15, 2014 pursuant to the Plan and vested in three equal annual installments of 12,500 shares beginning on January 1, 2015.
- F4The Options were granted on January 16, 2015 pursuant to the Plan and vest in three equal annual installments of 12,500 shares beginning on January 1, 2016.
Remarks
Vice President-Finance & Principal Accounting Officer