CareCloud, Inc. — Director's Dealing 2023

Aug 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CareCloud, Inc. (CCLD)
CIK: 0001582982
Period of Report: 2023-08-01

Reporting Person: Sharnak Lawrence Steven (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-02	Common Stock	M	5000	—	Acquired	26250	Direct
2023-08-03	Common Stock	M	2750	—	Acquired	29000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-01	Restricted Stock Unit	$0	A	30000	Acquired		Common Stock (30000)	Direct
2023-08-02	Restricted Stock Unit	$0	M	5000	Disposed		Common Stock (5000)	Direct
2023-08-03	Restricted Stock Unit	$0	M	2750	Disposed		Common Stock (2750)	Direct

Footnotes

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

F2: The restricted stock unit grant was approved on August 1, 2023 and vests in four equal installments on February 1, 2024, August 1, 2024, February 1, 2025 and August 1, 2025.

F3: Represents the conversion upon vesting of restricted stock units into common stock on August 2, 2023. 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: Represents the conversion upon vesting of restricted stock units into common stock on August 3, 2023. 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.

F5: The remainder of these restricted stock units vest between February 2024 and August 2025.