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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.