SEC Form 4 · accession 0001140361-17-034357

COUNTERPATH CORP · CPAH

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

Reporting owner

Officer — Chief Financial Officer

Period of report

Sep 1, 2017

Accepted (ET)

Sep 5, 2017 · 6:41 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	Sep 1, 2017	A	141	$3.231	A	26,165	D
Common Shares	holding	—	—		—	26,024	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Deferred Share Units^F4,F5	—	Jul 14, 2017	A	13,376	A	Jul 14, 2017	—	Common	13,376	60,368	D
Stock Options^F1	$13.10	holding	—	—	—	Jun 12, 2014	Dec 12, 2018	Common shares	20,000	20,000	D
Stock Options^F1	$2.40	holding	—	—	—	Jul 14, 2016	Jul 14, 2021	Common	20,000	40,000	D
Deferred Share Units^F4	—	holding	—	—	—	Dec 14, 2009	—	Common	8,065	8,065	D
Deferred Share Units^F4	—	holding	—	—	—	Jun 18, 2010	—	Common	5,000	13,065	D
Deferred Share Units^F4	—	holding	—	—	—	Mar 10, 2011	—	Common	2,203	15,267	D
Deferred Share Units^F4	—	holding	—	—	—	Jul 25, 2011	—	Common	5,405	20,673	D
Deferred Share Units^F4	—	holding	—	—	—	Jul 19, 2012	—	Common	1,711	22,383	D
Deferred Share Units^F4,F5	—	holding	—	—	—	Jul 25, 2013	—	Common	2,514	24,897	D
Deferred Share Units^F4,F5	—	holding	—	—	—	Jul 11, 2014	—	Common	6,048	30,946	D
Deferred Share Units^F4,F5	—	holding	—	—	—	Jul 17, 2015	—	Common	7,970	38,916	D
Deferred Share Units^F4	—	holding	—	—	—	Jul 14, 2016	—	Common	8,076	46,992	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.