4//SEC Filing
Mahlab David 4
Accession 0001493152-19-016632
CIK 0001774170other
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 4:24 PM ET
Size
8.0 KB
Accession
0001493152-19-016632
Insider Transaction Report
Form 4
PowerFleet, Inc.PWFL
Mahlab David
DirectorCEO International
Transactions
- Award
Common Stock, par value $0.01 per share
2019-11-05+47,970→ 424,381 total - Award
Employee Stock Options (right to buy)
2019-11-05+191,878→ 191,878 totalExercise: $5.87Exp: 2029-11-05→ Common Stock, par value $0.01 per share (191,878 underlying)
Footnotes (2)
- [F1]On November 5, 2019 (the "Grant Date"), David Mahlab (the "Reporting Person") was granted 47,970 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.
- [F2]On the Grant Date, the Reporting Person was granted options to purchase 191,878 shares of Common Stock under the 2018 Plan in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.
Documents
Issuer
PowerFleet, Inc.
CIK 0001774170
Entity typeother
Related Parties
1- filerCIK 0001786904
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 4:24 PM ET
- Size
- 8.0 KB