SEC Form 4 · accession 0001683168-17-000088
TELKONET INC · TKOI.OB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter T Kross
Director
Period of report
Jan 13, 2017
Accepted (ET)
Jan 17, 2017 · 12:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094084
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 30, 2016 | A | 98,175 | — | A | 4,566,055 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares issued pursuant to the Telkonet, Inc. director compensation policy pursuant to which non-employee directors are compensated Three Thousand Dollars ($3,000) per month to be accrued and paid through the issuance of unrestricted Telkonet, Inc. common stock, par value, $0.001, each monthly component to be valued at the closing price of the Company's common stock as of the 15th of such month (or as of the next succeeding business day if such date is not a trading date) rounded down to the nearest whole share. The shares reported here are for service in the months of July, August, September, October, November and December and are priced at $0.20, $0.22, $0.20, $0.19, $0.16 and $0.15 per share, the closing price of a share of common stock on July 15, 2016, August 15, 2016, September 15, 2016, October 17, 2016, November 15, 2016 and December 15, 2016, respectively.