Powerfleet, Inc. — Director's Dealing 2020

Aug 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PowerFleet, Inc. (PWFL)
CIK: 0001774170
Period of Report: 2020-08-04

Reporting Person: Mahlab David (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-04	Common Stock, par value $0.01 per share	S	29272	$6.0481	Disposed	370162	Direct
2020-08-05	Common Stock, par value $0.01 per share	S	17936	$6.0190	Disposed	352226	Direct
2020-08-06	Common Stock, par value $0.01 per share	S	2792	$6.3490	Disposed	349434	Direct

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by David Mahlab (the "Reporting Person").

F2: The price reported is a weighted average price. These shares were sold in multiple transactions on August 4, 2020 at prices ranging from $6.00 to $6.19. The Reporting Person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

F3: The price reported is a weighted average price. These shares were sold in multiple transactions on August 5, 2020 at prices ranging from $6.00 to $6.25. The Reporting Person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

F4: The price reported is a weighted average price. These shares were sold in multiple transactions on August 6, 2020 at prices ranging from $6.17 to $6.49. The Reporting Person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.