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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.