4//SEC Filing
ABRY Senior Equity V, L.P. 4
Accession 0001493152-23-000313
CIK 0001774170other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:05 PM ET
Size
6.4 KB
Accession
0001493152-23-000313
Insider Transaction Report
Form 4
PowerFleet, Inc.PWFL
ABRY Senior Equity V, L.P.
10% Owner
Transactions
- Other
Series A Preferred Stock
2022-12-31$1000.00/sh+910.46$910,460→ 49,468.341 total→ Common Stock, par value $0.01 per share (124,397 underlying)
Footnotes (2)
- [F1]Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.
- [F2]The Reporting Person received 910.460 shares of Series A Preferred Stock (or 124,397 shares of Common Stock on an as-converted basis) as a payment-in-kind dividend on 48,557.881 shares of Series A Preferred Stock (or 6,634,497 shares of Common Stock on an as-converted basis) owned on the dividend record date.
Documents
Issuer
PowerFleet, Inc.
CIK 0001774170
Entity typeother
Related Parties
1- filerCIK 0001690188
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 4:05 PM ET
- Size
- 6.4 KB