Jin Kuang - Feb 10, 2025 Form 4 Insider Report for Voip-pal.com Inc (VPLM)

Role
CFO
Signature
JIN KUANG
Stock symbol
VPLM
Transactions as of
Feb 10, 2025
Transactions value $
$0
Form type
4
Date filed
2/14/2025, 02:40 PM
Previous filing
Sep 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VPLM COMMON Options Exercise $25K +5M +579.22% $0.01 5.86M Feb 10, 2025 Direct F1
transaction VPLM COMMON Tax liability -$25K -1.66M -28.24% $0.02 4.21M Feb 10, 2025 Direct F1
holding VPLM COMMON 863K Feb 10, 2025 Direct

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding VPLM WARRANTS 5M Feb 10, 2025 COMMON 5M $0.01 Direct
holding VPLM WARRANTS 15M Feb 10, 2025 COMMON 10M $0.01 Direct
holding VPLM WARRANTS 25M Feb 10, 2025 COMMON 10M $0.01 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 1,655,629 shares withheld by issuer at the market price of $0.0151 per share less an exercise price of $0.005 per share to fund the cashless exercise of 5,000,000 options owned by the Reporting Person pursuant to the Common Share Options Agreement
F2 total warrants as of report

Remarks:

The transactions reported above in Table I that relate to the exercise of options reflect the cashless exercise transactions. The cashless exercise for each set of options is reported in two lines. The first line of the cashless exercise transaction is coded M in column 3 of Table I and reports in column 4 the number of shares issuable upon exercise of the options had cash been paid to exercise the warrants, together with the exercise price with Code A for acquired. The line coded F in column 3 of Table I relates to the same cashless exercise on the preceding line and reports in Column 4 the number of shares deducted from the total number of shares issuable to pay for the cashless exercise of such options with Code D for disposed. The number of derivative securities owned after the transactions reported in Table I are the options to purchase a total of 0 shares of common stock listed in column 9 of Table II