Patel Shruti H 4
4 · MTBC, Inc. · Filed Aug 9, 2019
Insider Transaction Report
Form 4
MTBC, Inc.MTBC
Patel Shruti H
Interim Corporate Secretary
Transactions
- Tax Payment
Common Stock
2019-08-09$4.92/sh−1,750$8,610→ 6,500 total - Exercise/Conversion
Common Stock
2019-08-09+5,000→ 8,250 total - Exercise/Conversion
Restricted Stock Unit
2019-08-09−5,000→ 10,000 totalExercise: $0.00→ Common Stock (5,000 underlying)
Footnotes (2)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock on August 9, 2019. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vest on various dates between February 2020 and August 2021.
- [F2]Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the common stock. This is not an open market sale of securities.