SEC Form 4 · accession 0001144204-18-029227
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
May 15, 2018
Accepted (ET)
May 16, 2018 · 4:28 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,F1 | $2.37 | May 15, 2018 | A | 500,000 | A | Feb 5, 2019 | Feb 5, 2029 | Common Stock | 500,000 | 0 | D |
Explanation of responses
- F1Option is granted pursuant to the Pareteum Corp. 2017 Long-Term Incentive Compensation Plan, of which one-third shall vest on February 5, 2019 and two-thirds shall vest in 24 equal monthly installments over a two year period, thereafter.
- F2Option is compensation for the Reporting Person's service as Chief Executive Officer of the Issuer.