Brodsky Michael 4
4 · PowerFleet, Inc. · Filed Jul 13, 2020
Insider Transaction Report
Form 4
PowerFleet, Inc.PWFL
Brodsky Michael
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2020-07-10+34,770→ 182,329 total
Holdings
- 76,000(indirect: By Vajra Fund I, L.P.)
Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]On July 10, 2020 (the "Grant Date"), Michael Brodsky (the "Reporting Person") was granted 34,770 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 a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.
- [F2]The Reporting Person, as the general partner of Vajra Fund I, L.P. ("Vajra Fund"), may be deemed to beneficially own the securities held by Vajra Fund. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.