| | | | | | | | | | | | | | | | | | | | | |
Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 11/29/23 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 845819 |
| Issuer Name: KonaTel, Inc. |
| Issuer Trading Symbol: KTEL |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1727375 |
| | Owner Name: Beaty Robert Matthew |
| Reporting Owner Address: |
| | Owner Street 1: 7960 S. FILLMORE CT. |
| | Owner Street 2: |
| | Owner City: CENTENNIAL |
| | Owner State: CO |
| | Owner ZIP Code: 80122 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 105,314 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.1771 |
| | Exercise Date: |
| | | Value: 5/12/19 |
| | Expiration Date: |
| | | Value: 5/12/24 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 25,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.1672 |
| | Exercise Date: |
| | | Value: 8/12/19 |
| | Expiration Date: |
| | | Value: 8/12/24 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 50,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.1672 |
| | Exercise Date: |
| | | Value: 11/12/19 |
| | Expiration Date: |
| | | Value: 11/24/24 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 75,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.165 |
| | Exercise Date: |
| | | Value: 2/12/20 |
| | Expiration Date: |
| | | Value: 2/12/25 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 100,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.2618 |
| | Exercise Date: |
| | | Value: 5/12/20 |
| | Expiration Date: |
| | | Value: 5/12/25 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 125,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.1309 |
| | Exercise Date: |
| | | Value: 8/12/20 |
| | Expiration Date: |
| | | Value: 8/12/25 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 150,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.0627 |
| | Exercise Date: |
| | | Value: 11/12/20 |
| | Expiration Date: |
| | | Value: 11/12/25 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 175,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.44 |
| | Exercise Date: |
| | | Value: 2/12/21 |
| | Expiration Date: |
| | | Value: 2/11/26 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 200,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.66 |
| | Exercise Date: |
| | | Value: 5/12/21 |
| | Expiration Date: |
| | | Value: 5/11/26 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 225,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.935 |
| | Exercise Date: |
| | | Value: 8/12/21 |
| | Expiration Date: |
| | | Value: 8/11/26 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 250,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 1.925 |
| | Exercise Date: |
| | | Value: 11/12/21 |
| | Expiration Date: |
| | | Value: 11/11/26 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 275,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 1.144 |
| | Exercise Date: |
| | | Value: 2/12/22 |
| | Expiration Date: |
| | | Value: 2/11/27 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 300,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 1.012 |
| | Exercise Date: |
| | | Value: 5/12/22 |
| | Expiration Date: |
| | | Value: 5/12/27 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 325,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 1.914 |
| | Exercise Date: |
| | | Value: 8/12/22 |
| | Expiration Date: |
| | | Value: 8/12/27 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 350,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 1.32 |
| | Exercise Date: |
| | | Value: 11/12/22 |
| | Expiration Date: |
| | | Value: 11/12/27 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 375,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.814 |
| | Exercise Date: |
| | | Value: 2/13/23 |
| | Expiration Date: |
| | | Value: 2/13/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 400,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.871 |
| | Exercise Date: |
| | | Value: 5/12/23 |
| | Expiration Date: |
| | | Value: 5/12/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 25,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 425,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.935 |
| | Transaction Date: |
| | | Value: 11/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 33,333 |
| | | Transaction Price Per Share: |
| Value: 0.935 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 11/29/24 |
| | Expiration Date: |
| | | Value: 11/29/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 33,333 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 458,333 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.935 |
| | Transaction Date: |
| | | Value: 11/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 33,333 |
| | | Transaction Price Per Share: |
| Value: 0.935 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 11/29/25 |
| | Expiration Date: |
| | | Value: 11/29/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 33,333 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 491,666 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.935 |
| | Transaction Date: |
| | | Value: 11/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 33,334 |
| | | Transaction Price Per Share: |
| Value: 0.935 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 11/29/26 |
| | Expiration Date: |
| | | Value: 11/29/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 33,334 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 525,000 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.935 |
| | Transaction Date: |
| | | Value: 11/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 216,666 |
| | | Transaction Price Per Share: |
| Value: 0.935 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 11/29/25 |
| | Expiration Date: |
| | | Value: 11/29/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 216,666 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 741,666 |
| Footnote ID: F1 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.935 |
| | Transaction Date: |
| | | Value: 11/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 216,667 |
| | | Transaction Price Per Share: |
| Value: 0.935 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 11/29/26 |
| | Expiration Date: |
| | | Value: 11/29/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 216,667 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 958,333 |
| Footnote ID: F1 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Option |
| | Conversion or Exercise Price: |
| | | Value: 0.935 |
| | Transaction Date: |
| | | Value: 11/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 216,667 |
| | | Transaction Price Per Share: |
| Value: 0.935 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 11/29/27 |
| | Expiration Date: |
| | | Value: 11/29/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 216,667 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,175,000 |
| Footnote ID: F1 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Options granted to Mr. Beaty under the Company's Incentive Stock Option Plan. |
| Footnote - F2: These 650,000 ISO's vest at one-third (1/3rd) per year, conditioned on Apeiron Systems, Inc., a wholly owned subsidiary of the Company ("Apeiron"), having been provided 100,000 simultaneous cellular customers by VIVA-US telecommunications, Inc. ("VIVA") under Apeiron's "Mobile Reseller Agreement" with VIVA dated November 10, 2023, and VIVA being fully paid and current with all outstanding amounts owed to Aperion, within one (1) year of the date of grant and with at least 100,000 of such simultaneous customer cellular contracts then being in full force and effect, or the grant of these ISO's shall expire. |
Owner Signature: |
| Signature Name: /s/ Robert Beaty |
| Signature Date: 12/4/23 |