SEC Form 4 · accession 0001140361-17-039286
COUNTERPATH CORP · CPAH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Bruk
10% Owner
Period of report
Oct 12, 2017
Accepted (ET)
Oct 23, 2017 · 6:23 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 | holding | — | — | — | 58,647 | D | ||
| Common StockF1 | holding | — | — | — | 95,800 | I | Karen Bruk | |
| Common SharesF2 | holding | — | — | — | 920,953 | 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 | Sep 4, 2017 | J | 65,000 | A | Sep 4, 2015 | Sep 4, 2017 | Common Stock | 65,000 | 0 | I |
| Deferred Share UnitsF4 | — | Oct 12, 2017 | A | 6,746 | A | Oct 12, 2017 | — | Common | 6,746 | 6,746 | D |
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.
- F3These warrants expired, unexercised.
- 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 immediately.