Dell Paul M 4
4 · MiX Telematics Ltd · Filed Jul 24, 2023
Insider Transaction Report
Form 4
Dell Paul M
Chief Accounting Officer
Transactions
- Award
Stock Appreciation Rights
2022-11-01+585,000→ 585,000 totalExercise: $0.28→ Ordinary Shares (585,000 underlying) - Award
Stock Appreciation Rights
2021-12-09+500,000→ 500,000 totalExercise: $0.47→ Ordinary Shares (500,000 underlying)
Footnotes (3)
- [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 grant date.
- [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 December 9, 2021 and expire on December 9, 2027.
- [F3]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 November 1, 2022 and expire on November 1, 2028.