CareCloud, Inc. — Director's Dealing 2016

Apr 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEDICAL TRANSCRIPTION BILLING, CORP (MTBC)
CIK: 0001582982
Period of Report: 2015-04-04

Reporting Person: CLARK HOWARD LONGSTRETH JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-04	Common Stock	M	7500	—	Acquired	7000	Direct
2016-04-04	Common Stock	M	7500	—	Acquired	39000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-04	Restricted Stock Unit	$0	M	7500	Disposed		Common Stock (7500)	Direct
2016-04-04	Restricted Stock Unit	$0	M	7500	Disposed		Common Stock (7500)	Direct

Footnotes

F1: The number of derivative securities acquired reported in Column 4 and the numbers of shares reported in Column 5 of the Form 4 filed on January 4, 2016, were overstated by 5000 shares, which were transferred to an ex-spouse pursuant to a Separation Agreement. The correct numbers are set forth in Column 5 this Form.

F2: Represents the conversion upon vesting of restricted stock units into common stock on April 4, 2015 and April 4, 2016; 1,500 shares of each conversion were transferred to an ex-spouse pursuant to a Separation Agreement. 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 vest as follows: September 15, 2016-7,500; April 4, 2017-7,500; September 15, 2017-7,500.