4//SEC Filing
Chaudhry A Hadi 4
Accession 0001493152-23-006049
CIK 0001582982other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 9:30 PM ET
Size
11.4 KB
Accession
0001493152-23-006049
Insider Transaction Report
Form 4
CareCloud, Inc.CCLD
Chaudhry A Hadi
President
Transactions
- Exercise/Conversion
Series B Cum Redeemable Perp Preferred Stock [CCLDO]
2023-02-22+12,000→ 12,000 total - Tax Payment
Series B Cum Redeemable Perp Preferred Stock [CCLDO]
2023-02-22$25.08/sh−5,520$138,442→ 6,480 total - Disposition to Issuer
Restricted Stock Unit
2023-02-22−12,000→ 0 totalExercise: $0.00→ Series B Cumulative Redeemable Perpetual Preferred Stock (12,000 underlying) - Award
Restricted Stock Unit
2023-02-22+12,000→ 12,000 totalExercise: $0.00→ Series B Cumulative Redeemable Perpetual Preferred Stock (12,000 underlying)
Footnotes (3)
- [F1]Represents the conversion upon vesting of restricted stock units into shares of preferred stock on February 22, 2023. These shares of preferred stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan without payment by the requesting person.
- [F2]Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the preferred stock. This is not an open market sale of securities.
- [F3]The restricted stock unit was granted on February 22, 2023 and vests in early 2024 upon attainment of certain performance targets.
Documents
Issuer
CareCloud, Inc.
CIK 0001582982
Entity typeother
Related Parties
1- filerCIK 0001740080
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 9:30 PM ET
- Size
- 11.4 KB