Todd Murcer - Nov 15, 2024 Form 4 Insider Report for KonaTel, Inc. (KTEL)

Role: Consultant in same capacity
Signature: /s/ Todd Murcer
Stock symbol: KTEL
Transactions as of: Nov 15, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/24/2025, 03:29 PM
Previous filing: Sep 19, 2024
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	KTEL	Option	250K	Nov 15, 2024	Common Stock	250K	$0.37	Direct	F1
holding	KTEL	Option	500K	Nov 15, 2024	Common Stock	250K	$0.37	Direct	F1
holding	KTEL	Option	750K	Nov 15, 2024	Common Stock	250K	$0.37	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Todd Murcer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Mr. Murcer's Incentive Stock Option Agreement states that his options post employment would have expired 90 days from the reduction of force date, or November 15, 2024. Mr. Murcer went from serving as an officer to a consultant on November 15, 2024. The Board of Directors resolved to extend the "Expiration Date" an additional 180 days or until August 12, 2025. Mr. Murcer is currently consulting in the same capacity as his previous officer position, pending growth initiatives to materialize.

Content

Mr. Murcer's Incentive Stock Option Agreement states that his options post employment would have expired 90 days from the reduction of force date, or November 15, 2024. Mr. Murcer went from serving as an officer to a consultant on November 15, 2024. The Board of Directors resolved to extend the "Expiration Date" an additional 180 days or until August 12, 2025. Mr. Murcer is currently consulting in the same capacity as his previous officer position, pending growth initiatives to materialize.