Statement of Changes in Beneficial Ownership (4)
January 09 2020 - 5:30PM
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
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OMB APPROVAL
OMB Number:
3235-0287
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0.5
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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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1. Name and Address of Reporting Person
*
CAROTHERS TODD |
2. Issuer Name and Ticker or Trading Symbol
COUNTERPATH CORP
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CPAH
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP Sales & Marketing |
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(Last)
(First)
(Middle)
2323 HARTZELL STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/7/2020 |
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(Street)
EVANSTON, IL 60201
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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| Common Shares | | | | | | | | 14327.4120 | D | |
| Common Shares | 1/7/2020 | | A | | 188.7223 (1) | A | $0.9935 | 14516.1343 | D | |
| Common Shares | 1/7/2020 | | A | | 99.5012 (1) | A | $0.9423 | 14615.6355 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. 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 Date | 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 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 |
| Stock Options | $19.00 | | | | | | | 7/25/2013 | 7/25/2018 | Common | 5000 | | 5000 | D | |
| Stock Options | $11.50 | | | | | | | 7/11/2014 | 7/11/2019 | Common | 10000 | | 15000 | D | |
| Stock Options | $5.00 | | | | | | | 7/17/2015 | 7/17/2020 | Common | 7500 | | 22500 | D | |
| Stock Options | $2.89 | | | | | | | 12/14/2017 | 12/14/2022 | Common | 50000 | | 72500 | D | |
| Deferred Share Units | (2) | | | | | | | 9/3/2011 | (2) | Common | 2202.6 | | 2202.60 | D | |
| Deferred Share Units | (2) | | | | | | | 7/25/2011 | (2) | Common | 1621.60 | | 3824.29 | D | |
| Deferred Share Units | (3) | | | | | | | 12/14/2018 | (3) | Common | 40000.00 | | 43824.29 | D | |
| Deferred Share Units | (3) | | | | | | | 11/4/2019 | (3) | Common | 25000 | | 68824.29 | D | |
| Explanation of Responses: |
| (1) | These shares were purchased through an Employee Share Purchase Plan. |
| (2) | Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date. The deferred share units are fully vested. |
| (3) | Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date. The deferred share units vest one third over three years beginning on the first anniversary of the grant date. |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
CAROTHERS TODD
2323 HARTZELL STREET
EVANSTON, IL 60201 |
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| EVP Sales & Marketing |
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Signatures
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| /s/ Todd Carothers | | 1/9/2020 |
| **Signature of Reporting Person | Date |
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