# EDGAR Filing Document

**Accession Number:** 0001254465
**File Stem:** 0001010412-23-000001
**Filing Date:** 2023-1
**Character Count:** 7223
**Document Hash:** 0964b1432052d5eb5cea73c4f666a202
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001010412-23-000001.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001010412-23-000001

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230130

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** PEARL JEFFREY
- **CENTRAL INDEX KEY:** 0001254465

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-10171
- **FILM NUMBER:** 23574306

**MAIL ADDRESS:**
- **STREET 1:** 35 WEST MAIN #6013
- **CITY:** FRISCO
- **STATE:** CO
- **ZIP:** 80443
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KonaTel, Inc.
- **CENTRAL INDEX KEY:** 0000845819
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMUNICATION SERVICES, NEC [4899]
- **IRS NUMBER:** 800000245
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 500 N. CENTRAL EXPRESSWAY, SUITE 202
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75074
- **BUSINESS PHONE:** (214) 323-8410

**MAIL ADDRESS:**
- **STREET 1:** 500 N. CENTRAL EXPRESSWAY, SUITE 202
- **CITY:** PLANO
- **STATE:** TX
- **ZIP:** 75074

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DALA PETROLEUM CORP.
- **DATE OF NAME CHANGE:** 20140902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WESTCOTT PRODUCTS CORP
- **DATE OF NAME CHANGE:** 19890124

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>PEARL JEFFREY<br><sub>(Last) (First) (Middle)</sub><br>35 WEST MAIN #6013<br><sub>(Street)</sub><br>FRISCO, CO 80443<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-30 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>KonaTel, Inc. [ KTEL ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Option | $0.165 |  |  |  |  |  |  | 2020-01-28 | 2025-01-28 | Common Stock | 25000 |  | 125000<sup>(1)</sup> | D |  |
| Option | $0.1232 |  |  |  |  |  |  | 2020-04-28 | 2025-04-28 | Common Stock | 25000 |  | 150000 | D |  |
| Option | $0.1672 |  |  |  |  |  |  | 2020-07-28 | 2025-07-28 | Common Stock | 25000 |  | 175000 | D |  |
| Option | $0.1001 |  |  |  |  |  |  | 2020-10-28 | 2025-10-28 | Common Stock | 25000 |  | 200000 | D |  |
| Option | $0.4895 |  |  |  |  |  |  | 2021-01-28 | 2026-01-28 | Common Stock | 25000 |  | 225000 | D |  |
| Option | $0.597 |  |  |  |  |  |  | 2021-04-28 | 2026-04-27 | Common Stock | 25000 |  | 250000 | D |  |
| Option | $0.813 |  |  |  |  |  |  | 2021-07-28 | 2026-07-27 | Common Stock | 25000 |  | 275000 | D |  |
| Option | $1.595 |  |  |  |  |  |  | 2021-10-28 | 2026-10-27 | Common Stock | 25000 |  | 300000 | D |  |
| Option | $1.342 |  |  |  |  |  |  | 2022-01-28 | 2027-01-28 | Common Stock | 25000 |  | 325000 | D |  |
| Option | $1.1 |  |  |  |  |  |  | 2022-04-28 | 2027-04-28 | Common Stock | 25000 |  | 350000 | D |  |
| Option | $1.74 |  |  |  |  |  |  | 2022-07-28 | 2027-07-28 | Common Stock | 25000 |  | 375000 | D |  |
| Option | $1.386 |  |  |  |  |  |  | 2022-10-28 | 2027-10-28 | Common Stock | 25000 |  | 400000 | D |  |
| Option | $0.88 | 2023-01-30 |  | A |  | 25000 |  | 2023-01-30 | 2028-01-30 | Common Stock | 25000 | $0.88 | 425000 | D |  |

---

### Footnotes:

(1) Mr. Pearl previously reported his ownership of 100,000 options convertible into Common Stock on his Form 3 filed January 22, 2019.  They expire at the earliest of October 22, 2023 or one year from his termination or resignation as a member of the Board of Directors, and are convertible at $0.495 per share.

**Signature:** /s/ Jeffrey Pearl  
**Date:** 2023-01-31

### Remarks:

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**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 Number.**