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CareCloud, Inc. Director's Dealing 2023

Mar 3, 2023

33947_dirs_2023-03-02_05761bcc-bfb8-4c60-8456-a89d31b920d5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: ROTH NORMAN (Controller)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-01 Common Stock M 7000 Acquired 84525 Direct
2023-03-01 Common Stock F 2450 $3.60 Disposed 82075 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-02-28 Restricted Stock Unit $0 A 30800 Acquired Common Stock (30800) Direct
2023-03-01 Restricted Stock Unit $0 M 7000 Disposed Common Stock (7000) Direct

Footnotes

F1: The restricted stock unit was granted on February 28, 2023, of which 7,000 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: 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.