SEC Form 4 · accession 0001144204-17-060480
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vic Bozzo
Officer — Chief Executive Officer
Period of report
Nov 17, 2017
Accepted (ET)
Nov 21, 2017 · 6:32 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,F2,F3 | Nov 17, 2017 | A | 850,000 | $0.00 | A | 373,202 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a restricted stock award (the "Restricted Stock Award") under the Pareteum Corp. 2017 Long-Term Incentive Compensation Plan, of which one-third shall vest on the date of grant and two-thirds shall vest in 24 equal monthly installments over a two year period, beginning on the one month anniversary of the date of grant.
- F2Restricted Stock Award is compensation for the Reporting Person's service as Chief Executive Officer of the Issuer.
- F3Includes shares vested or to be vested within 60 days pursuant to the Restricted Stock Award.