CareCloud, Inc. — Director's Dealing 2022

Aug 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CareCloud, Inc. (MTBC)
CIK: 0001582982
Period of Report: 2022-07-31

Reporting Person: Blanche Kimberly J. (General Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-31	Common Stock	M	5000	—	Acquired	17025	Direct
2022-07-31	Common Stock	F	1750	$4.32	Disposed	15275	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-31	Restricted Stock Unit	$0	M	5000	Disposed		Common Stock (5000)	Direct
2022-08-02	Restricted Stock Unit	$0	A	10000	Acquired		Common Stock (10000)	Direct

Footnotes

F1: Represents the conversion upon vesting of restricted stock units into common stock on July 31, 2022. 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 additional restricted stock units vest on March 1, 2023.

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.

F3: Each restricted stock unit represents the right to receive at settlement, one share of common stock.

F4: The restricted stock unit was granted on August 2, 2022 where 5,000 shares vest on January 31, 2023, 2,500 shares vest on April 28, 2023 and 2,500 shares vest on July 31, 2023 upon attainment of certain performance targets.