SEC Form 4 · accession 0001144204-18-018027
PARETEUM Corp · TEUM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward O'Donnell
Officer — CHIEF FINANCIAL OFFICER
Period of report
Jun 26, 2017
Accepted (ET)
Mar 29, 2018 · 6:41 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF2,F3,F1 | $1.00 | Jun 26, 2017 | A | 250,000 | A | Jan 7, 2018 | Jan 7, 2020 | Common stock | 250,000 | 111,109 | D |
Explanation of responses
- F1Represents an option award under the Pareteum Corp. 2017 Long-Term Incentive Compensation Plan (the "Option Award"), of which one-third shall vest on January 7, 2018 and two-thirds shall vest in 24 equal monthly installments over a two year period thereafter.
- F2Option Award is compensation for the Reporting Person's service as Chief Financial Officer of the Issuer.
- F3Includes option shares vested or to be vested within 60 days pursuant to the Option Award.