4//SEC Filing
McConnell Michael J 4
Accession 0001493152-24-022395
CIK 0001774170other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 4:42 PM ET
Size
8.1 KB
Accession
0001493152-24-022395
Insider Transaction Report
Form 4
Powerfleet, Inc.PWFL
McConnell Michael J
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2024-05-16+18,028→ 18,028 total - Award
Stock options (right to buy)
2024-05-16+35,920→ 35,920 totalExercise: $5.45Exp: 2034-05-16→ Common Stock, par value $0.01 per share (35,920 underlying)
Footnotes (2)
- [F1]On May 16, 2024 (the "Grant Date"), the reporting person was granted 18,028 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 the first anniversary of the Grant Date, provided that the reporting person is serving as a director of the Company on such date.
- [F2]On the Grant Date, the reporting person was granted options to purchase 35,920 shares of Common Stock under the 2018 Plan, in consideration of his services as a director of the Company. These options vest in equal installments on the last day of each fiscal quarter over a period of 10 fiscal quarters following the Grant Date, provided that the reporting person is serving as a director of the Company on each such date.
Documents
Issuer
Powerfleet, Inc.
CIK 0001774170
Entity typeother
Related Parties
1- filerCIK 0001390764
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 4:42 PM ET
- Size
- 8.1 KB