4//SEC Filing
Powell Michael Joseph 4
Accession 0001641172-25-002245
CIK 0001774170other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 9:19 PM ET
Size
7.2 KB
Accession
0001641172-25-002245
Insider Transaction Report
Form 4
Powerfleet, Inc.AIOT
Powell Michael Joseph
Chief Innovation Officer
Transactions
- Award
Common Stock, par value $0.01 per share
2025-03-30+26,371→ 26,371 total - Award
Common Stock, par value $0.01 per share
2025-03-30+52,743→ 79,114 total
Footnotes (2)
- [F1]On March 30, 2025, Mike Powell (the "Reporting Person") was granted 26,371 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 for his services as the Chief Innovation Officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests in equal installments over a three-year period, provided that the Reporting Person is employed by the Company on each such date.
- [F2]The number of shares represents the target number of shares that may be earned by the Reporting Person based on achievement by the Company of certain performance criteria. The actual number of shares awarded may vary between 0% and 150% of the target, depending on the Company's performance.
Documents
Issuer
Powerfleet, Inc.
CIK 0001774170
Entity typeother
Related Parties
1- filerCIK 0002060148
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 9:19 PM ET
- Size
- 7.2 KB