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CareCloud, Inc. — Director's Dealing 2015
Oct 5, 2015
33947_dirs_2015-10-05_9445d02d-1725-48a8-8c4d-e7ad8a2ff024.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MEDICAL TRANSCRIPTION BILLING, CORP (MTBC)
CIK: 0001582982
Period of Report: 2015-09-30
Reporting Person: DEOL AMRITPAL K. (General Counsel Corp. Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-30 | Common stock | M | 1667 | — | Acquired | 1667 | Direct |
| 2015-09-30 | Common stock | F | 417 | $2.12 | Disposed | 1250 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-30 | Restricted stock unit | $0 | M | 1667 | Disposed | Common Stock (1667) | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted stock units into common stock on September 15, 2015, but not issued until September 30, 2015. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's 2014 Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units will vest equally on September 15, 2016 and on September 15, 2017.
F2: Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.