Cohenour Jason 4
4 · CalAmp Corp. · Filed Mar 7, 2024
Insider Transaction Report
Form 4
CalAmp Corp.CAMP
Cohenour Jason
Director
Transactions
- Tax Payment
Common Stock
2024-03-05$2.38/sh−2,322$5,526→ 8,640 total - Exercise/Conversion
Common Stock
2024-03-05+7,824→ 10,962 total - Exercise/Conversion
Restricted Stock Units (RSUs)
2024-03-05−7,824→ 0 total→ Common Stock (7,824 underlying)
Footnotes (4)
- [F1]Reflects a 1-for-23 reverse stock split that was effected by CalAmp Corp. on February 1, 2024.
- [F2]Represents shares withheld to pay statutory withholding taxes in connection with vesting of restricted stock award/units held by the reporting person.
- [F3]Restricted stock units convert into common stock on a one-for-one basis.
- [F4]Original vesting schedule noted 1,304 shares (post split) would be earned for each full month of service as Interim CEO and vest on the first anniversary of the grant date (Maximum 7,824 shares). Any RSUs that would not vest would be forfeited. The reporting person ceased serving as Interim CEO on January 22, 2024 and the reporting person's transitional services ended on February 20, 2024. As a result, the Human Capital Committee approved a modification of the RSU award such that all 7,824 RSUs vested on March 5, 2024.