Sec Form 4 Filing - De Paolantonio Ernest Robert @ Teligent, Inc. - 2021-04-15

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 De Paolantonio Ernest Robert 2. Issuer Name and Ticker or Trading Symbol Teligent, Inc. [ TLGT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) C/O TELIGENT, INC., 105 LINCOLN AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 04/15/2021 (Street) BUENA, NJ08310 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

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 Option $ 0.57 04/15/2021 A 240,000 04/15/2024( 1 ) 04/15/2031 Common Stock 240,000 $ 0 ( 2 ) 240,000 D Restricted Stock Units ( 3 ) 04/15/2021 A 195,000 04/15/2022( 4 ) 04/15/2031 Common Stock 195,000 $ 0 ( 2 ) 195,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other De Paolantonio Ernest Robert C/O TELIGENT, INC. 105 LINCOLN AVENUE BUENA, NJ08310 Chief Financial Officer Signatures /s/ Ernest R. De Paolantonio 04/16/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The shares underlying the derivative securities shall vest on the third anniversary of the date of grant contingent upon (a) the Reporting Person's continued employment with the Registrant and (b) subject to achieving certain performance criteria. ( 2 )These securities were issued as an inducement to the Reporting Person to enter into employment with the Registrant. ( 3 )Each restricted stock unit represents the right to receive one share of the Issuer's common stock. ( 4 )One-fourth of the shares underlying the derivative securities shall vest ratably on an annual basis beginning on April 15, 2022 contingent upon the Reporting Person's employment with the Registrant.

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.
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