Dell Paul M 4
4 · MiX Telematics Ltd · Filed Jul 3, 2023
Insider Transaction Report
Form 4
Dell Paul M
Chief Accounting Officer
Transactions
- Award
Stock Appreciation Rights
2023-06-30+500,000→ 500,000 totalExercise: $0.27→ Ordinary Shares (500,000 underlying)
Footnotes (2)
- [F1]For purposes of this table, the award price has been converted, based on the South African Rand/U.S. dollar exchange rate in effect as of this filing.
- [F2]The Stock Appreciation Rights time vest in 25% tranches beginning on the second anniversary of the grant date subject to the executive's continued employment, provided, however, that the grant is also subject to a performance based condition that a minimum total shareholder return of 10% must be achieved prior to the date that the grant expires. These Stock Appreciation Rights were granted on June 26, 2023 and expire on June 26, 2029.