SEC Form 4 · accession 0001140361-16-090562
COUNTERPATH CORP · CPAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 21, 2016
Accepted (ET)
Dec 22, 2016 · 11:51 am 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 SharesF3,F1 | Dec 21, 2016 | P | 81,200 | $2.03 | A | 95,800 | I | Karen Bruk |
| Common Shares | holding | — | — | — | 29,347 | D | ||
| Common StockF1 | holding | — | — | — | 14,600 | I | Karen Bruk | |
| Common SharesF2 | holding | — | — | — | 696,307 | I | KMB Trac Two Holdings Ltd. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF2 | $7.50 | holding | — | — | — | Sep 4, 2015 | Sep 4, 2017 | Common Stock | 65,000 | 65,000 | I |
Explanation of responses
- F1Karen Bruk is the spouse of Steven Bruk.
- F2Karen Bruk is also the sole shareholder of KMB Trac Two Holdings Ltd. ("KMB"). Steven Bruk and Karen Bruk exercise shared investment power over the shares of common stock held by Karen Bruk and KMB.
- F3CDN$2.72 based on the Bank of Canada exchange rate of 0.7462 on December 21, 2016.