CareCloud, Inc. — Director's Dealing 2023

Oct 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CareCloud, Inc. (CCLD)
CIK: 0001582982
Period of Report: 2023-10-06

Reporting Person: KORN BILL (Director, Chief Strategy Office/Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-06	Series B Cum Redeemable Perp Pref Stock [CCLDO]	M	10000	—	Acquired	10000	Direct
2023-10-06	Series B Cum Redeemable Perp Pref Stock [CCLDO]	F	4600	$18.52	Disposed	5400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-10-06	Restricted Stock Unit	$0	M	10000	Disposed		Series B Cumulative Redeemable Perpetual Preferred Stock (10000)	Direct
2023-10-09	Restricted Stock Unit	$0	A	30000	Acquired		Common Stock (30000)	Direct

Footnotes

F1: Represents the conversion upon vesting as Chief Strategy Officer of restricted stock units into shares of preferred stock on October 6, 2023. These 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 requesting person.

F2: Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the preferred stock. This is not an open market sale of securities.

F3: The restricted stock unit was granted as a member of the Board of Directors on October 9, 2023 and vests in four equal installments on February 1, 2024, August 1, 2024, February 1, 2025 and August 1, 2025.