KonaTel Inc.

11/13/2024 | Press release | Distributed by Public on 11/13/2024 13:18

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
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 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Beaty Robert Matthew
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)
(Last) (First) (Middle)
951 CASTLE PINES DR N 		3. Date of Earliest Transaction (Month/Day/Year)
11/11/2024
(Street)
CASTLE ROCK, CO 80108 		4. If Amendment, Date 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
(City) (State) (Zip)
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 139,577 D
Common Stock 11/11/2024 J 10,587(1) D $0.1672 128,990 D
Common Stock 11/11/2024 M 25,000 A $0.1672 153,990 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)
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 Underlying Securities
(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 of Derivative Security: 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 $0.1672 11/12/2019 11/12/2024 Common Stock 25,000 25,000(2) D
Option $0.165 02/12/2020 02/12/2025 Common Stock 25,000 50,000(2) D
Option $0.2618 05/12/2020 05/12/2025 Common Stock 25,000 75,000(2) D
Option $0.1309 08/12/2020 08/12/2025 Common Stock 25,000 100,000(2) D
Option $0.0627 11/12/2020 11/12/2025 Common Stock 25,000 125,000(2) D
Option $0.44 02/12/2021 02/11/2026 Common Stock 25,000 150,000(2) D
Option $0.66 05/12/2021 05/11/2026 Common Stock 25,000 175,000(2) D
Option $0.935 08/12/2021 08/11/2026 Common Stock 25,000 200,000(2) D
Option $1.925 11/12/2021 11/11/2026 Common Stock 25,000 225,000(2) D
Option $1.144 02/12/2022 02/11/2027 Common Stock 25,000 250,000(2) D
Option $1.012 05/12/2022 05/12/2027 Common Stock 25,000 275,000(2) D
Option $1.914 08/12/2022 08/12/2027 Common Stock 25,000 300,000(2) D
Option $1.32 11/12/2022 11/12/2027 Common Stock 25,000 325,000(2) D
Option $0.814 02/13/2023 02/13/2028 Common Stock 25,000 350,000(2) D
Option $0.871 05/12/2023 05/13/2028 Common Stock 25,000 375,000(2) D
Option $0.41 11/29/2024 11/29/2028 Common Stock 33,333 408,333(2) D
Option $0.41 11/29/2025 11/29/2028 Common Stock 33,333 441,666(2) D
Option $0.41 11/29/2026 11/29/2028 Common Stock 33,334 475,000(2) D
Option $0.41 11/29/2025 11/29/2029 Common Stock 216,666 691,666(2) D
Option $0.41 11/29/2026 11/29/2029 Common Stock 216,667 908,333(2) D
Option $0.41 11/29/2027 11/29/2029 Common Stock 216,667 1,125,000(2) D
Option $0.1672 11/11/2024 M 25,000 11/12/2019 11/12/2024 Common Stock 25,000 $0.1672 1,100,000(2) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Beaty Robert Matthew
951 CASTLE PINES DR N
CASTLE ROCK, CO 80108 		X

Signatures

/s/ Robert Matthew Beaty 11/13/2024
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Conveyed to the Company 10,587 shares of the Company's common stock acquired by the reporting person February 9, 2023, in full payment of the exercise price of 25,000 ISO's granted to the reporting person on August 12, 2019.
(2) Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.