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TEUM Pareteum Corporation

0.279
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pareteum Corporation NASDAQ:TEUM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.279 0.283 0.2998 0 01:00:00

Amended Statement of Changes in Beneficial Ownership (4/a)

22/01/2020 10:31pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lippert Robert Lee
2. Issuer Name and Ticker or Trading Symbol

PARETEUM Corp [ TEUM ]
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)

C/O PARETEUM CORP., 1185 AVENUE OF THE AMERICAS
3. Date of Earliest Transaction (MM/DD/YYYY)

1/2/2019
(Street)

NEW YORK, NY 10036
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

5/17/2019 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 1/2/2019  A  6967 (1)A$0.00 (2)16967 (4)D  
Common Stock 1/1/2020  A  150000 (3)A$0.00 (2)166967 (4)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Represents compensation for board fees in lieu of cash for part of the Issuer's fourth quarter 2018 (the "Board Fees").
(2) The Board Fees represents compensation for the Reporting Person's service as a director of the Issuer.
(3) Represents a one-time fully vested award of restricted stock granted pursuant to the Pareteum Corporation 2019 Long-Term Incentive Compensation Plan (the "January Award"), . The January Award replaces in its entirety that certain option to purchase 100,000 shares of the Issuer's common stock (the "Original Option"), which Original Option was canceled simultaneously with the January Award
(4) Includes shares vested or to be vested within 60 days.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Lippert Robert Lee
C/O PARETEUM CORP.
1185 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
X



Signatures
/s/ Robert L. Lippert1/22/2020
**Signature of Reporting PersonDate

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