Powerfleet, Inc. — Director's Dealing 2021

May 6, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PowerFleet, Inc. (PWFL)
CIK: 0001774170
Period of Report: 2021-04-30

Reporting Person: Elkins Elizabeth (Chief Product Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.01 per share	48876	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (right to buy)	$7.54	2030-01-27	Common Stock, par value $0.01 per share (15000)		Direct

Footnotes

F1: On January 27, 2020, Elizabeth Elkins (the "Reporting Person") was granted options to purchase 15,000 shares of common stock, par value $0.01 per share, under PowerFleet, Inc.'s (the "Company") 2018 Incentive Plan in consideration of her services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the grant date, such that 25% of the options vested on the first anniversary of the grant date and the remaining 75% of the options will vest on the second, third and fourth anniversaries of the grant date, provided that the Reporting Person is employed by the Company on each date.