Powerfleet, Inc. — Director's Dealing 2020

Dec 1, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PowerFleet, Inc. (PWFL)
CIK: 0001774170
Period of Report: 2020-11-30

Reporting Person: WOLFE CHRIS ADAMS (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-30	Common Stock, par value $0.01 per share	A	1211	—	Acquired	156330	Direct

Footnotes

F1: On November 30, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 1,211 restricted shares of common stock,
par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the
"2018 Plan"), in lieu of a cash payment to the Reporting Person as a result of an increase in the Reporting Person's base salary. Subject to the
terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2020, provided that
the Reporting Person is employed by the Company on such date.