SEC Form 4 · accession 0001140361-16-089140

COUNTERPATH CORP · CPAH

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

Reporting owner

Officer — President & CEO · Director

Period of report

Dec 6, 2016

Accepted (ET)

Dec 8, 2016 · 6:27 pm EST

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^F1,F2	Dec 6, 2016	A	937	$2.90	A	53,952	D
Common Shares	holding	—	—		—	53,015	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F4	$17.50	holding	—	—	—	Jun 14, 2012	Dec 14, 2016	Common	25,000	25,000	D
Stock Options^F4	$13.10	holding	—	—	—	Jun 12, 2014	Dec 12, 2018	Common	40,000	65,000	D
Stock Options^F4	$2.40	holding	—	—	—	Jul 14, 2016	Jul 14, 2021	Common	40,000	105,000	D
Deferred Share Units^F3	—	holding	—	—	—	Dec 14, 2009	—	Common	16,129	16,129	D
Deferred Share Units^F3	—	holding	—	—	—	Jun 18, 2010	—	Common	10,000	26,129	D
Deferred Share Units^F5	—	holding	—	—	—	Sep 27, 2010	—	Common	50,000	76,129	D
Deferred Share Units^F3	—	holding	—	—	—	Jul 25, 2011	—	Common	5,405	81,534	D
Deferred Share Units^F3	—	holding	—	—	—	Jul 19, 2012	—	Common	3,422	84,956	D
Deferred Share Units^F3,F6	—	holding	—	—	—	Jul 25, 2013	—	Common	5,028	89,984	D
Deferred Share Units^F3,F6	—	holding	—	—	—	Jul 11, 2014	—	Common	12,097	102,081	D
Deferred Share Units^F3,F6	—	holding	—	—	—	Jul 17, 2015	—	Common	15,942	118,022	D
Deferred Share Units^F3,F6	—	holding	—	—	—	Jul 14, 2016	—	Common	16,152	134,174	D

F1These shares were purchased through an Employee Share Purchase Plan.
F2Canadian dollars.
F3Each 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.
F4Options vest as to 12.5% after 6 months and 1/42 per month thereafter as per company plan.
F5Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date. The deferred share units are fully vested.
F6The deferred share units vest one third over three years beginning on the first anniversary of the grant date.