CareCloud, Inc. — Director's Dealing 2020

Nov 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MTBC, Inc. (MTBC)
CIK: 0001582982
Period of Report: 2020-11-02

Reporting Person: Chaudhry A Hadi (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-02	Common Stock	M	12500	—	Acquired	83500	Direct
2020-11-02	Common Stock	F	5750	$7.67	Disposed	77750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-02	Restricted Stock Unit	$0	M	12500	Disposed		Common Stock (12500)	Direct

Footnotes

F1: Represents the conversion upon vesting of restricted stock units into common stock on November 2, 2020. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vest on various dates between February 2021 and August 2021.

F2: Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the common stock. This is not an open market sale of securities.