4//SEC Filing
Frumberg Charles 4
Accession 0001493152-21-019234
CIK 0001774170other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 9:26 PM ET
Size
6.8 KB
Accession
0001493152-21-019234
Insider Transaction Report
Form 4
PowerFleet, Inc.PWFL
Frumberg Charles
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2021-08-09+8,556→ 74,986 total
Holdings
- 1,502,559(indirect: See footnote)
Common Stock, par value $0.01 per share
Footnotes (2)
- [F1]On August 9, 2021 (the "Grant Date"), Charles Frumberg (the "Reporting Person") was granted 8,556 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 August 9, 2022, provided that the Reporting Person is serving as a director of the Company on such date.
- [F2]These securities are directly held by (i) Emancipation Capital, LP ("Emancipation LP") and (ii) Emancipation Capital SPV IV LLC ("Emancipation SPV IV"). Emancipation Management LLC ("Emancipation Management") serves as the investment manager of Emancipation LP and Emancipation SPV IV. Emancipation Capital LLC ("Emancipation Capital") is the managing member of Emancipation SPV IV. Mr. Frumberg is the managing member of Emancipation Management and Emancipation Capital. By virtue of the foregoing relationships, the Reporting Person may be deemed to indirectly beneficially own the securities directly held by Emancipation LP and Emancipation SPV IV. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
Documents
Issuer
PowerFleet, Inc.
CIK 0001774170
Entity typeother
Related Parties
1- filerCIK 0001314587
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 9:26 PM ET
- Size
- 6.8 KB