HAQ MAHMUD UL 4
4 · CareCloud, Inc. · Filed Sep 23, 2022
Insider Transaction Report
Form 4
CareCloud, Inc.MTBC
HAQ MAHMUD UL
DirectorChairman and CEO10% Owner
Transactions
- Tax Payment
Common Stock
2022-09-23$4.42/sh−3,450$15,249→ 4,497,970 total - Exercise/Conversion
Restricted stock unit
2022-09-23−7,500→ 7,500 totalExercise: $0.00→ Common Stock (7,500 underlying) - Exercise/Conversion
Common Stock
2022-09-23+7,500→ 4,501,420 total
Footnotes (2)
- [F1]Represents the conversion upon vesting of restricted stock units into common stock on September 23, 2022. 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 this restricted stock unit grant vests in March 2023.
- [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.