SEC Form 4 · accession 0001140361-17-028441
COUNTERPATH CORP · CPAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Carothers
Officer — EVP Sales & Marketing
Period of report
Jul 19, 2017
Accepted (ET)
Jul 24, 2017 · 1:37 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 | Jul 20, 2017 | P | 4,545 | $2.20 | A | 10,326 | D | |
| Common Shares | holding | — | — | — | 5,781 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $29.00 | Jul 19, 2017 | J | 20,000 | D | Jul 19, 2012 | Jul 19, 2017 | Common | 20,000 | 37,500 | D |
| Stock Options | $29.00 | holding | — | — | — | Jul 19, 2012 | Jul 19, 2017 | Common | 20,000 | 20,000 | D |
| Stock Options | $19.00 | holding | — | — | — | Jul 25, 2013 | Jul 25, 2018 | Common | 5,000 | 25,000 | D |
| Stock Options | $11.50 | holding | — | — | — | Jul 11, 2014 | Jul 11, 2019 | Common | 10,000 | 35,000 | D |
| Stock Options | $5.00 | holding | — | — | — | Jul 17, 2015 | Jul 17, 2020 | Common | 7,500 | 57,500 | D |
| Deferred Share UnitsF1 | — | holding | — | — | — | Sep 3, 2011 | — | Common | 2,203 | 2,203 | D |
| Deferred Share UnitsF1 | — | holding | — | — | — | Jul 25, 2011 | — | Common | 1,622 | 3,824 | D |
Explanation of responses
- F1Each 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.
- F220,000 stock options expired unexercised on July 19, 2017.