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Powerfleet, Inc. — Director's Dealing 2020
Sep 1, 2020
32535_dirs_2020-09-01_c86963b9-eb6a-426e-b888-194d076edfa8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PowerFleet, Inc. (PWFL)
CIK: 0001774170
Period of Report: 2020-08-31
Reporting Person: WOLFE CHRIS ADAMS (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-31 | Common Stock, par value $0.01 per share | A | 1483 | — | Acquired | 264360 | Direct |
Footnotes
F1: On August 31, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 1,483 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.