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CareCloud, Inc. — Director's Dealing 2021
Jun 10, 2021
33947_dirs_2021-06-09_f3c3b382-0ab0-440d-9f56-df8e46846979.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CareCloud, Inc. (MTBC)
CIK: 0001582982
Period of Report: 2021-06-07
Reporting Person: SNYDER STEPHEN ANDREW (Director, Chief Strategy Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-07 | Common Stock | M | 25000 | — | Acquired | 240745 | Direct |
| 2021-06-07 | Common Stock | F | 11500 | $8.80 | Disposed | 229245 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-07 | Restricted Stock Unit | $0 | A | 25000 | Acquired | Common Stock (25000) | Direct | |
| 2021-06-07 | Restricted Stock Unit | $0 | M | 25000 | Disposed | Common Stock (25000) | Direct |
Footnotes
F1: The restricted stock units were granted on June 7, 2021 and vested immediately.
F2: Represents the conversion upon vesting of restricted stock units into common stock on June 7, 2021. 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 vests between August 2021 and March 2023.
F3: 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.