SEC Form 4 · accession 0001140361-15-037470

COUNTERPATH CORP · CPAH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Oct 9, 2015

Accepted (ET)

Oct 13, 2015 · 1:31 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001236997

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Shares^F2,F3	Oct 9, 2015	A	833	$0.5475	A	182,623	D
Common shares	holding	—	—		—	181,791	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F1	$2.15	holding	—	—	—	Mar 7, 2006	Sep 7, 2016	Common	240,000	240,000	D
Stock Options^F1	$1.75	holding	—	—	—	Jun 14, 2012	Dec 14, 2016	Common	150,000	390,000	D
Stock Options^F6	$1.31	holding	—	—	—	Jun 12, 2014	Dec 12, 2018	Common shares	200,000	590,000	D
Deferred Share Units^F4	—	holding	—	—	—	Dec 14, 2009	—	Common	80,645	80,645	D
Deferred Share Units^F4	—	holding	—	—	—	Jun 18, 2010	—	Common	50,000	130,645	D
Deferred Share Units^F4	—	holding	—	—	—	Mar 10, 2011	—	Common	22,026	152,671	D
Deferred Share Units^F4	—	holding	—	—	—	Jul 25, 2011	—	Common	54,054	206,725	D
Deferred Share Units^F4	—	holding	—	—	—	Jul 19, 2012	—	Common	17,108	223,833	D
Deferred Share Units^F4,F5	—	holding	—	—	—	Jul 25, 2013	—	Common	25,139	248,972	D
Deferred Share Units^F4,F5	—	holding	—	—	—	Jul 11, 2014	—	Common	60,484	309,456	D
Deferred Share Units^F4,F5	—	holding	—	—	—	Jul 17, 2015	—	Common	79,704	389,160	D

F1Options vest as to 12.5% after 6 months and 1/42 per month thereafter as per company plan.
F2These shares were purchased through an Employee Share Purchase Plan.
F3Canadian dollars.
F4Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date. Deferred share units vest as to one-third of the number granted on each of the first, second and third anniversaries of the grant date.
F5The deferred share units vest one third over three years beginning on the first anniversary of the grant date.
F6The Options vest as to 12.5% starting on June 12, 2014; then 1/42 of the remaining 87.5% of the Options vest every month until the Options are fully vested.