Pretorius Gert 4
4 · MiX Telematics Ltd · Filed Jun 5, 2023
Insider Transaction Report
Form 4
Pretorius Gert
Executive Vice President
Transactions
- Exercise/Conversion
Ordinary Shares
2023-06-01+150,000→ 1,459,019 total - Exercise/Conversion
Restricted Share Units
2023-06-01+150,000→ 0 totalExercise: $0.00→ Ordinary Shares (150,000 underlying)
Footnotes (3)
- [F1]Shareholders are advised of the following information relating to the settlement of the second and final tranche of retention shares awarded under the MiX Telematics Limited Long-Term Incentive Plan ("LTIP"), as disclosed in the form 8K announcement published on June 19, 2020. Gert Pretorius's intention is to sell the 150 000 shares issued to him in respect of these retention shares. At the conclusion of this process, Gert Pretorius's total shareholding will remain unchanged at 1,309,019 ordinary shares.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one Ordinary Share of Issuer.
- [F3]The Restricted Stock Units shall vest in two installments. Subject to continued employment, the first 50% vested on June 1, 2022 and the second 50% shall vest on June 1, 2023. Vested shares will be delivered upon settlement