CareCloud, Inc. — Director's Dealing 2021

Mar 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MTBC, Inc. (MTBC)
CIK: 0001582982
Period of Report: 2021-03-23

Reporting Person: KORN BILL (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-25	Series A Cum Redeemable Perp Pref Stock [MTBCP]	S	12700	$27.45	Disposed	11800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-23	Restricted Stock Unit	$0	A	30000	Acquired		Common Stock (30000)	Direct
2021-03-23	Restricted Stock Unit	$0	A	12000	Acquired		Series A Cumulative Redeemable Perpetual Preferred Stock (12000)	Direct

Footnotes

F1: Each restricted stock unit represents the right to receive at settlement, one share of common stock.

F2: The restricted stock unit was granted on March 23, 2021 and vests in four equal installments on September 23, 2021, March 23, 2022, September 23, 2022 and March 23, 3023.

F3: The restricted stock unit was granted on March 23, 2021 and vests on January 31, 2022 upon attainment of certain performance targets.

F4: The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.25 to $27.67, inclusive. The reporting person undertakes to provide to any security holder of MTBC, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.