CareCloud, Inc. — Director's Dealing 2023

Mar 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CareCloud, Inc. (CCLD)
CIK: 0001582982
Period of Report: 2023-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-01	Common Stock	M	5250	—	Acquired	22150	Direct
2023-03-01	Common Stock	F	1837	$3.60	Disposed	20313	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-28	Restricted Stock Unit	$0	A	30217	Acquired		Common Stock (30217)	Direct
2023-03-01	Restricted Stock Unit	$0	M	5250	Disposed		Common Stock (5250)	Direct
2023-03-01	Restricted Stock Unit	$0	D	1750	Disposed		Common Stock (1750)	Direct

Footnotes

F1: The restricted stock unit was granted on February 28, 2023, of which 6,417 vest on July 31, 2023, 7,000 vest on January 31, 2024, 9,800 vest on March 1, 2024, 3,500 vest on April 30, 2024 and 3,500 vest on July 31, 2024.

F2: Represents the conversion upon vesting of restricted stock units into common stock on March 1, 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. The remainder of this restricted stock unit grant vests between April and July 2023. The additional restricted stock unit vests between July 2023 and July 2024.

F3: On March 1, 2023, the restricted stock unit was cancelled by mutual agreement of the reporting person and the issuer.

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.