Charles W. Tasker - 23 Feb 2023 Form 4 Insider Report for MiX Telematics Ltd (MIXT)

Signature
/s/ Tasker Charles W, by Paul M. Dell, as Attorney-in-Fact
Issuer symbol
MIXT
Transactions as of
23 Feb 2023
Transactions value $
-$63,174
Form type
4
Filing time
27 Feb 2023, 16:01:40 UTC
Previous filing
08 Nov 2022
Next filing
28 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIXT Ordinary Shares Sale -$63.2K -204K -3.43% $0.31* 5.74M 23 Feb 2023 Direct F1, F2
holding MIXT Ordinary Shares 2.43M 23 Feb 2023 By Wife
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shareholders are referred to the Form 8-K announcement released on November 8, 2022 wherein shareholders were advised of dealings in securities by directors of MiX Telematics and a director of a major subsidiary of Mix Telematics arising from the exercise of share appreciation rights ("SARs") under the MiX Telematics Limited Long-Term Incentive Plan and their intention to dispose of certain shares. Shareholders are accordingly advised that Charles Tasker has now sold 203 786 shares (in large part to cover the immediate tax obligations from the settlement of the SARs). Following the conclusion of the exercise of these SARs, Charles Tasker has increased his total shareholding in MiX Telematics to 326 669 American Depository Shares (equivalent to 8 166 744 MiX Telematics ordinary shares).
F2 The conversion price reflects the approximate conversion rate of Rand 18.2558 per U.S Dollar as of February 23, 2023.