KonaTel Inc.

04/28/2025 | Press release | Distributed by Public on 04/28/2025 10:33

Statement of Changes in Beneficial Ownership (Form 4)

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
PEARL JEFFREY
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)
35 WEST MAIN #6013
3. Date of Earliest Transaction (Month/Day/Year)
04/25/2025
(Street)
FRISCO, CO 80443
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 111,693 D
Common Stock 04/25/2025 J 10,267(1) D $0.1232 101,426 D
Common Stock 04/25/2025 M 25,000 A $0.1232 126,426 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 $0.1232 04/28/2020 04/28/2025 Common Stock 25,000 25,000 D
Option $0.1672 07/28/2020 07/28/2025 Common Stock 25,000 50,000 D
Option $0.1001 10/28/2020 10/28/2025 Common Stock 25,000 75,000 D
Option $0.4895 01/28/2021 01/28/2026 Common Stock 25,000 100,000 D
Option $0.597 04/28/2021 04/27/2026 Common Stock 25,000 125,000 D
Option $0.813 07/28/2021 07/27/2026 Common Stock 25,000 150,000 D
Option $1.595 10/28/2021 10/27/2026 Common Stock 25,000 175,000 D
Option $1.342 01/28/2022 01/28/2027 Common Stock 25,000 200,000 D
Option $1.10 04/28/2022 04/28/2027 Common Stock 25,000 225,000 D
Option $1.74 07/28/2022 07/28/2027 Common Stock 25,000 250,000 D
Option $1.386 10/28/2022 10/28/2027 Common Stock 25,000 275,000 D
Option $0.88 01/30/2023 01/30/2028 Common Stock 25,000 300,000 D
Option $0.781 04/28/2023 04/28/2028 Common Stock 25,000 325,000 D
Option $0.1232 04/25/2025 M 25,000 04/28/2020 04/28/2025 Common Stock 25,000 $0.1232 300,000 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PEARL JEFFREY
35 WEST MAIN #6013
FRISCO, CO 80443
X

Signatures

/s/ Jeffrey Pearl 04/28/2025
**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 10,267 shares of the Company's common stock acquired by the reporting person January 27, 2025, in full payment of the exercise price of 25,000 ISO's granted to the reporting person on April 28, 2020.
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.
KonaTel Inc. published this content on April 28, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on April 28, 2025 at 16:33 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io