4//SEC Filing
ABRY Senior Equity V, L.P. 4
Accession 0000905718-20-000685
CIK 0001774170other
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:10 PM ET
Size
6.4 KB
Accession
0000905718-20-000685
Insider Transaction Report
Form 4
PowerFleet, Inc.PWFL
ABRY Senior Equity V, L.P.
10% Owner
Transactions
- Other
Series A Preferred Stock
2020-06-30$814432.84/sh+814.433$663,300,981→ 44,250.851 total→ Common Stock, par value $0.01 per share (111,277 underlying)
Footnotes (2)
- [F1]Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.
- [F2]The Reporting Person received 814.433 shares of Series A Preferred Stock (or 111,277 shares of Common Stock on an as-covered basis) as a payment-in-kind dividend on 43,436.418 shares of Series A Preferred Stock (or 5,934,748 shares of Common Stock on an as-covered basis) owned on the dividend record date.
Documents
Issuer
PowerFleet, Inc.
CIK 0001774170
Entity typeother
Related Parties
1- filerCIK 0001690188
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 4:10 PM ET
- Size
- 6.4 KB