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CareCloud, Inc. — Director's Dealing 2022
Jun 7, 2022
33947_dirs_2022-06-06_312dcf00-f99b-48bb-ad40-bc8a71467799.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: 2022-06-02
Reporting Person: SNYDER STEPHEN ANDREW (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-03 | Common Stock | M | 15000 | — | Acquired | 236395 | Direct |
| 2022-06-03 | Common Stock | F | 6900 | $3.97 | Disposed | 229495 | Direct |
| 2022-06-06 | Series B Cum Redeemable Perp Pref Stock [MTBCO] | M | 10000 | — | Acquired | 10000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-03 | Restricted Stock Unit | $0 | M | 15000 | Disposed | Common Stock (15000) | Direct | |
| 2022-06-02 | Restricted Stock Unit | $0 | A | 10000 | Acquired | Series B Cumulative Redeemable Perpetual Preferred Stock (10000) | Direct | |
| 2022-06-06 | Restricted Stock Unit | $0 | M | 10000 | Disposed | Series B Cumulative Redeemable Perpetual Preferred Stock (10000) | Direct |
Footnotes
F1: Represents the conversion upon vesting of restricted stock units into common stock on June 3, 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.
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: The restricted stock unit was granted on June 2, 2022 and vested on June 6, 2022.
F4: Represents the conversion upon vesting of restricted stock units into preferred stock on June 6, 2022. These restricted stock units and the shares of preferred 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.