Dell Paul M 4
4 · MiX Telematics Ltd · Filed Feb 28, 2023
Insider Transaction Report
Form 4
Dell Paul M
Chief Accounting Officer
Transactions
- Sale
Ordinary Shares
2023-02-24$0.31/sh−135,613$42,040→ 264,788 total - Sale
Ordinary Shares
2023-02-27$0.31/sh−1$0→ 264,787 total
Footnotes (3)
- [F1]As previously disclosed in a November 8, 2022 Form 8-K relating to a JSE announcement disclosing transactions in Company shares, which transactions were also reflected in a prior Form 4, Paul Dell exercised share appreciation rights ("SARs") under the Company's Long-Term Incentive Plan ("LTIP") and indicated his intention to dispose of a portion of the shares. Mr. Dell has now sold 203 786 shares (in large part to cover the immediate tax obligations from the settlement of the SARs). Following the conclusion of the exercise of these SARs, Paul Dell has increased his total shareholding in MiX Telematics to 264 787 MiX Telematics ordinary shares.
- [F2]The conversion price reflects the approximate conversion rate of Rand 18.3468 per U.S Dollar as of February 24, 2023.
- [F3]The conversion price reflects the approximate conversion rate of Rand 18.4082 per U.S Dollar as of February 27, 2023.