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Powerfleet, Inc. — Director's Dealing 2023
Aug 11, 2023
32535_dirs_2023-08-11_8de79aad-c9d9-4edc-9047-3a9e6caf3b57.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: 2023-07-28
Reporting Person: Brodsky Michael (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-28 | Common Stock, par value $0.01 per share | F | 9322 | $2.74 | Disposed | 264457 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 per share | 76000 | Indirect |
Footnotes
F1: The shares of common stock, par value $0.01 per share, of PowerFleet, Inc. (the "Company") were withheld by the Company to satisfy tax withholding obligations upon the vesting of a restricted stock award previously made to Michael Brodsky (the "Reporting Person"), under the Company's 2018 Incentive Plan, as amended.
F2: The Reporting Person, as the general partner of Vajra Fund I, L.P. ("Vajra Fund"), may be deemed to beneficially own the securities held by Vajra Fund. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.