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Powerfleet, Inc. Director's Dealing 2021

Feb 8, 2021

32535_dirs_2021-02-08_b3902af2-21b6-40f1-a322-76e24644e8b5.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: 2021-02-07

Reporting Person: MAVROMMATIS NED (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-07 Common Stock, par value $0.01 per share A 41379 Acquired 264844 Direct

Footnotes

F1: On February 7, 2021 (the "Grant Date"), Ned Mavrommatis (the "Reporting Person") was granted 41,379 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 consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.