CareCloud, Inc. — Director's Dealing 2022

Jan 8, 2022

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CareCloud, Inc. (MTBC)
CIK: 0001582982
Period of Report: 2021-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-02	Common Stock	M	2000	—	Acquired	8825	Direct
2021-02-02	Common Stock	F	700	$10.78	Disposed	8125	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-29	Restricted Stock Unit	$0	A	8000	Acquired		Common Stock (8000)	Direct
2021-02-02	Restricted Stock Unit	$0	M	2000	Disposed		Common Stock (2000)	Direct

Footnotes

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

F2: 8,000 restricted stock units were granted on January 29, 2021, of which 2,000 restricted stock units vested upon attainment of certain criteria in July 2021 and the remainder will vest in January 2022.

F3: Represents the conversion upon vesting of restricted stock units into common stock on February 2, 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.

F4: 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.