SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Beaty Robert Matthew

(Last) (First) (Middle)
951 CASTLE PINES DR N

(Street)
CASTLE ROCK CO 80108

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KonaTel, Inc. [ KTEL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 105,314 D
Common Stock 05/10/2024 J 7,028(1) D $0.1771 98,286 D
Common Stock 05/10/2024 M 25,000 A $0.1771 123,286 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option $0.1771 05/12/2019 05/12/2024 Common Stock 25,000 25,000(2) D
Option $0.1672 08/12/2019 08/12/2024 Common Stock 25,000 50,000(2) D
Option $0.1672 11/12/2019 11/12/2024 Common Stock 25,000 75,000(2) D
Option $0.165 02/12/2020 02/12/2025 Common Stock 25,000 100,000(2) D
Option $0.2618 05/12/2020 05/12/2025 Common Stock 25,000 125,000(2) D
Option $0.1309 08/12/2020 08/12/2025 Common Stock 25,000 150,000(2) D
Option $0.0627 11/12/2020 11/12/2025 Common Stock 25,000 175,000(2) D
Option $0.44 02/12/2021 02/11/2026 Common Stock 25,000 200,000(2) D
Option $0.66 05/12/2021 05/11/2026 Common Stock 25,000 225,000(2) D
Option $0.935 08/12/2021 08/11/2026 Common Stock 25,000 250,000(2) D
Option $1.925 11/12/2021 11/11/2026 Common Stock 25,000 275,000(2) D
Option $1.144 02/12/2022 02/11/2027 Common Stock 25,000 300,000(2) D
Option $1.012 05/12/2022 05/12/2027 Common Stock 25,000 325,000(2) D
Option $1.914 08/12/2022 08/12/2027 Common Stock 25,000 350,000(2) D
Option $1.32 11/12/2022 11/12/2027 Common Stock 25,000 375,000(2) D
Option $0.814 02/13/2023 02/13/2028 Common Stock 25,000 400,000(2) D
Option $0.871 05/12/2023 05/12/2028 Common Stock 25,000 425,000(2) D
Option $0.935 11/29/2024 11/29/2028 Common Stock 33,333 458,333(2) D
Option $0.935 11/29/2025 11/29/2028 Common Stock 33,333 491,666(2) D
Option $0.935 11/29/2026 11/29/2028 Common Stock 33,334 525,000(2) D
Option $0.935 11/29/2025 11/29/2028 Common Stock 216,666 741,666(2) D
Option $0.935 11/29/2026 11/29/2028 Common Stock 216,667 958,333(2) D
Option $0.935 11/29/2027 11/29/2028 Common Stock 216,667 1,175,000(2) D
Option $0.1771 05/10/2024 M 25,000 05/12/2019 05/12/2024 Common Stock 25,000 $0.1771 1,150,000(2) D
Explanation of Responses:
1. Conveyed to the Company 7,028 shares of the Company's common stock acquired by the reporting person in a private transaction on May 12, 2019, in an exempt transaction pursuant to Section 16b-3(c), in full payment of the exercise price of 25,000 ISO's granted to the reporting person on May 12, 2019.
2. Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan.
/s/ Robert M. Beaty 05/13/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

KonaTel (QB) (USOTC:KTEL)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024 Click aqui para mais gráficos KonaTel (QB).
KonaTel (QB) (USOTC:KTEL)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024 Click aqui para mais gráficos KonaTel (QB).