Catherine J. Lewis - 07 Mar 2023 Form 4 Insider Report for MiX Telematics Ltd (MIXT)

Role: Executive Vice President
Signature: /s/ Lewis Catherine J, by Paul M. Dell, as Attorney-in-Fact
Issuer symbol: MIXT
Transactions as of: 07 Mar 2023
Transactions value $: -$56,967
Form type: 4
Filing time: 09 Mar 2023, 13:50:29 UTC
Previous filing: 07 Mar 2023
Next filing: 05 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MIXT	Ordinary Shares	Sale	-$57K	-173K	-6.45%	$0.33^*	2.5M	07 Mar 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As previously disclosed in a March 7, 2023 Form 4, Catherine Lewis exercised share appreciation rights ("SARs") under the Company's Long-Term Incentive Plan ("LTIP") and indicated her intention to dispose of a portion of the shares. Ms. Lewis has now sold 172,626 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, Catherine Lewis has increased her total shareholding in MiX Telematics to 2,502,889 MiX Telematics ordinary shares..
F2	The conversion price reflects the approximate conversion rate of Rand 18.3982 per U.S Dollar as of March 07, 2023.

Content

As previously disclosed in a March 7, 2023 Form 4, Catherine Lewis exercised share appreciation rights ("SARs") under the Company's Long-Term Incentive Plan ("LTIP") and indicated her intention to dispose of a portion of the shares. Ms. Lewis has now sold 172,626 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, Catherine Lewis has increased her total shareholding in MiX Telematics to 2,502,889 MiX Telematics ordinary shares..

The conversion price reflects the approximate conversion rate of Rand 18.3982 per U.S Dollar as of March 07, 2023.