Sec Form 4 Filing - COUNTERPATH CORP @ COUNTERPATH CORP - 2009-12-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, 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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1. Name and Address of Reporting Person
COUNTERPATH CORP
2. Issuer Name and Ticker or Trading Symbol
COUNTERPATH CORP [ CPAH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
300-505 BURRARD STREET
3. Date of Earliest Transaction (MM/DD/YY)
12/14/2009
(Street)
VANCOUVER, A1V7X 1M3
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 shares 12/10/2009 A 1,410.4539 ( 1 ) A $ 900 ( 2 ) 44,291.7474 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $ 1.95 05/31/2006 10/07/2010 Common 100,000 100,000 D
Stock Options $ 1.95 04/07/2006 10/10/2015 Common 80,000 180,000 D
Stock Option $ 1.95 06/10/2006 01/10/2016 Common 23,400 203,400 D
Stock Option $ 3.05 06/23/2006 05/23/2016 Common 135,600 339,000 D
Stock Options $ 1.75 11/14/2008 05/14/2013 Common 250,000 589,000 D
Stock Options $ 0.62 04/17/2009 04/17/2014 Common 600,000 1,189,000 D
Warrants $ 2.25 07/31/2008 07/31/2010 Common 16,657 16,657 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
COUNTERPATH CORP
300-505 BURRARD STREET
VANCOUVER, A1V7X 1M3
X President & CEO
Signatures
/s/ Donovan Jones 12/14/2009
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares were purchased through an Employee Share Purchase Plan.
( 2 )Canadian dollars.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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