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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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(Print or Type Responses)
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Options | $0.62 | 04/17/2009(4) | 04/17/2014 | Common | 600,000 | 600,000 | D | ||||||||
| Deferred Share Units | (3) | 12/14/2009(3) | (3) | Common | 161,290 | 161,290 | D | ||||||||
| Deferred Share Units | (3) | 06/18/2010(3) | (3) | Common | 100,000 | 261,290 | D | ||||||||
| Deferred Share Units | (5) | 09/27/2010(5) | (5) | Common | 500,000 | 761,290 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| JONES DONOVAN 2266 - 138A STREET WHITE ROCK, A1 V4A 9V5 |
X | President & CEO | ||
| /s/ Donovan Jones | 02/15/2012 | |
| ** Signature of Reporting Person |
Date
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| * | 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). |
| (1) | These shares were purchased through an Employee Share Purchase Plan. |
| (2) | Canadian dollars. |
| (3) | Each deferred share unit is convertible into one common share of CounterPath Corporation at no additional cost. There is no expiry date. Deferred Share Units vest as to one-third of the number granted on each of the first, second and third anniversaries of the grant date. |
| (4) | Options vest as to 12.5% after 6 months and 1/42 per month thereafter as per company plan. |
| (5) | 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 as to 411,574 on September 27, 2010; 17,685 on December 27, 2010; and 70,741 on December 27, 2011. |