0001567619-21-005522.txt : 20210303 0001567619-21-005522.hdr.sgml : 20210303 20210303155705 ACCESSION NUMBER: 0001567619-21-005522 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210301 FILED AS OF DATE: 20210303 DATE AS OF CHANGE: 20210303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Karp David CENTRAL INDEX KEY: 0001312833 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35592 FILM NUMBER: 21708808 MAIL ADDRESS: STREET 1: SUITE 300 - ONE BENTALL CENTRE STREET 2: 505 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V7X 1M3 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COUNTERPATH CORP CENTRAL INDEX KEY: 0001236997 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 200004161 STATE OF INCORPORATION: NV FISCAL YEAR END: 0430 BUSINESS ADDRESS: STREET 1: 300-505 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V7X 1M3 BUSINESS PHONE: 604-320-3344 MAIL ADDRESS: STREET 1: 300-505 BURRARD STREET CITY: VANCOUVER STATE: A1 ZIP: V7X 1M3 FORMER COMPANY: FORMER CONFORMED NAME: COUNTERPATH SOLUTIONS, INC. DATE OF NAME CHANGE: 20050928 FORMER COMPANY: FORMER CONFORMED NAME: XTEN NETWORKS, INC DATE OF NAME CHANGE: 20040507 FORMER COMPANY: FORMER CONFORMED NAME: BROAD SCOPE ENTERPRISES INC DATE OF NAME CHANGE: 20030529 4 1 doc1.xml FORM 4 X0306 4 2021-03-01 1 0001236997 COUNTERPATH CORP CPAH 0001312833 Karp David 3780 BAYRIDGE AVENUE VANCOUVER A1 V7V 3J2 BRITISH COLUMBIA, CANADA 0 1 0 0 CEO and President Common Shares 32894.6379 D Common Shares 2021-03-01 4 J 0 32894.6379 3.49 D 0 D Stock Options 2.40 2016-07-14 2021-07-14 Common 20000 20000 D Stock Options 2.40 2021-03-01 4 J 0 20000 2.40 D 2016-07-14 2021-07-14 Common 20000 0 D Stock Options 2.89 2017-12-14 2022-12-14 Common 50000 50000 D Stock Options 2.89 2021-03-01 4 J 0 50000 2.89 D 2017-12-14 2022-12-14 Common 50000 0 D Deferred Share Units 2009-12-14 Common 8065.5 8064.5 D Deferred Share Units 2010-06-18 Common 5000 13064.5 D Deferred Share Units 2011-03-10 Common 2202.6 15267.1 D Deferred Share Units 2011-07-25 Common 5405.4 20672.5 D Deferred Share Units 2012-07-19 Common 1710.8 22383.3 D Deferred Share Units 2013-07-25 Common 2513.9 24897.2 D Deferred Share Units 2014-07-11 Common 6048.4 30945.6 D Deferred Share Units 2015-07-17 Common 7970.4 38916.0 D Deferred Share Units 2016-07-14 Common 8076.0 46992.0 D Deferred Share Units 2017-07-14 Common 13376 60368 D Deferred Share Units 2018-07-26 Common 22830.0 83198.0 D Deferred Share Units 2018-12-14 Common 40000 123198 D Deferred Share Units 2019-11-04 Common 50000 173198.0 D Deferred Share Units 2021-09-25 Common 30000.0 203198.0 D Deferred Share Units 2021-03-01 4 J 0 203198 D Common 203198 0 D Options vest as to 12.5% after 6 months and 1/42 per month thereafter as per company plan. In connection with a merger with a subsidiary of Alianza, Inc. (the "Merger"), the stock options were cancelled and the Reporting Person received the net amount of $3.49 less the exercise price, less any withholding for the vested options. 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. In connection with the Merger, the common shares were acquired for $3.49 per common share and the deferred share units were cancelled in exchange for $3.49 per deferred share unit. /s/ David Karp 2021-03-03