CareCloud, Inc.|4Oct 11, 9:30 PM ET

KORN BILL 4

4 · CareCloud, Inc. · Filed Oct 11, 2023

Form 4

Period: 2023-10-06

Director

Transactions

Exercise/Conversion
Series B Cum Redeemable Perp Pref Stock [CCLDO]
2023-10-06+10,000→ 10,000 total
Exercise/Conversion
Restricted Stock Unit
2023-10-06−10,000→ 0 total
Exercise: $0.00→ Series B Cumulative Redeemable Perpetual Preferred Stock (10,000 underlying)
Tax Payment
Series B Cum Redeemable Perp Pref Stock [CCLDO]
2023-10-06$18.52/sh−4,600$85,192→ 5,400 total
Award
Restricted Stock Unit
2023-10-09+30,000→ 30,000 total
Exercise: $0.00→ Common Stock (30,000 underlying)

Footnotes (3)

[F1]Represents the conversion upon vesting as Chief Strategy Officer of restricted stock units into shares of preferred stock on October 6, 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 as a member of the Board of Directors on October 9, 2023 and vests in four equal installments on February 1, 2024, August 1, 2024, February 1, 2025 and August 1, 2025.

Documents

1 file