A. Hadi Chaudhry - 02 Aug 2021 Form 4 Insider Report for CareCloud, Inc. (CCLDP)

Role: CEO and President, Director
Signature: /s/ Norman Roth, Attorney-in Fact for A Hadi Chaudhry
Issuer symbol: CCLDP
Transactions as of: 02 Aug 2021
Net transactions value: -$24,681
Form type: 4
Filing time: 03 Aug 2021, 21:30:22 UTC
Next filing: 24 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCLDP	Common Stock	Options Exercise	$0	+6,666	+8.7%	$0.000000	83,682	02 Aug 2021	Direct	F1
transaction	CCLDP	Common Stock	Tax liability	$24,681	-3,066	-3.7%	$8.05	80,616	02 Aug 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CCLDP	Restricted Stock Unit	Options Exercise	$0	-6,666	-18%	$0.000000	29,999	02 Aug 2021	Common Stock	6,666	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents the conversion upon vesting of restricted stock units into common stock on August 2, 2021. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person.
F2	Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the common stock. This is not an open market sale of securities.