Melissa Rose Ingram - Mar 30, 2025 Form 4 Insider Report for Powerfleet, Inc. (AIOT)

Role
Melissa Rose Ingram is the Chief Corporate Development Officer of Powerfleet, Inc.
Signature
/s/ David Wilson, as Attorney-In-Fact
Stock symbol
AIOT
Transactions as of
Mar 30, 2025
Transactions value $
$0
Form type
4
Date filed
4/1/2025, 09:17 PM
Previous filing
Apr 12, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AIOT Common Stock, par value $0.01 per share Award $0 +76.7K +176.08% $0.00 120K Mar 30, 2025 Direct F1
transaction AIOT Common Stock, par value $0.01 per share Award $0 +153K +127.56% $0.00 274K Mar 30, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2025, Melissa Ingram (the "Reporting Person") was granted 76,709 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 her services as the Chief Corporate Development 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.

Remarks:

Melissa Rose Ingram is the Chief Corporate Development Officer of Powerfleet, Inc.