CareCloud, Inc. — Director's Dealing 2020

Feb 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MTBC, Inc. (MTBC])
CIK: 0001582982
Period of Report: 2020-01-31

Reporting Person: ROTH NORMAN (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-31	Common Stock	M	5000	—	Acquired	50000	Direct
2020-02-02	Common Stock	M	2500	—	Acquired	52500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-31	Restricted Stock Unit	$0	A	5000	Acquired		Common Stock (5000)	Direct
2020-01-31	Restricted Stock Unit	$0	M	5000	Disposed		Common Stock (5000)	Direct
2020-02-02	Restricted Stock Unit	$0	M	2500	Disposed		Common Stock (2500)	Direct

Footnotes

F1: The restricted stock unit was granted on January 31, 2020 and vested immediately.

F2: Represents the conversion upon vesting of restricted stock units into common stock on January 31, 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.

F3: Represents the conversion upon vesting of restricted stock units into common stock on February 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 August 2020 and August 2021.