Norman Roth - 31 Jan 2023 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Controller
Signature
/s/ Norman Roth
Issuer symbol
CCLD
Transactions as of
31 Jan 2023
Net transactions value
-$6,300
Form type
4
Filing time
02 Feb 2023, 20:30:11 UTC
Previous filing
06 Jan 2023
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +5,000 +6.7% $0.000000 79,275 31 Jan 2023 Direct F1
transaction CCLD Common Stock Tax liability $6,300 -1,750 -2.2% $3.60 77,525 31 Jan 2023 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 CCLD Restricted Stock Unit Options Exercise $0 -5,000 -29% $0.000000 12,000 31 Jan 2023 Common Stock 5,000 $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 January 31, 2023. 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. The remainder of this restricted stock unit grant vests between April and July 2023. The additional restricted stock unit vests in March 2023.
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.