KonaTel (KTEL) Form 4 KonaTel / Robert Matthew Beaty ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Beaty Robert Matthew

(Last) (First) (Middle)

7960 S. FILLMORE CT.

(Street)

CENTENNIAL CO 80122

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KonaTel, Inc. [ KTEL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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								50,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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
Option	$0.1771							05/12/2019	05/12/2024	Common Stock	25,000		125,000(1)	D
Option	$0.1672							08/12/2019	08/12/2024	Common Stock	25,000		150,000	D
Option	$0.1672							11/12/2019	11/12/2024	Common Stock	25,000		175,000	D
Option	$0.165							02/12/2020	02/12/2025	Common Stock	25,000		200,000	D
Option	$0.2618							05/12/2020	05/12/2025	Common Stock	25,000		225,000	D
Option	$0.1309							08/12/2020	08/12/2025	Common Stock	25,000		250,000	D
Option	$0.0627							11/12/2020	11/12/2025	Common Stock	25,000		275,000	D
Option	$0.44							02/12/2021	02/11/2026	Common Stock	25,000		300,000	D
Option	$0.66	05/12/2021		A		25,000		05/12/2021	05/11/2026	Common Stock	25,000	$0.66	325,000	D

Explanation of Responses:

1. Mr. Beaty previously reported his ownership of 100,000 options convertible into Common Stock on his Form 4 filed October 21, 2020. They expire at the earlier of five years from the grant date or one year from his termination or resignation as a member of the Board of Directors, and are convertible at $0.33 per share.

	/s/ Robert Matthew Beaty	05/18/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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