Paul M. Dell - Feb 24, 2023 Form 4 Insider Report for MiX Telematics Ltd (MIXT)

Role
Group Chief Financial Officer
Signature
/s/ Paul M. Dell, by Paul M. Dell, as Attorney-in-Fact
Stock symbol
MIXT
Transactions as of
Feb 24, 2023
Transactions value $
-$42,040
Form type
4
Date filed
2/28/2023, 03:15 PM
Previous filing
Feb 6, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MIXT Ordinary Shares Sale -$42K -136K -33.87% $0.31* 265K Feb 24, 2023 Direct F1, F2
transaction MIXT Ordinary Shares Sale $0 -1 0% $0.31* 265K Feb 27, 2023 Direct F1, F3
* 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 November 8, 2022 Form 8-K relating to a JSE announcement disclosing transactions in Company shares, which transactions were also reflected in a prior Form 4, Paul Dell exercised share appreciation rights ("SARs") under the Company's Long-Term Incentive Plan ("LTIP") and indicated his intention to dispose of a portion of the shares. Mr. Dell 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, Paul Dell has increased his total shareholding in MiX Telematics to 264 787 MiX Telematics ordinary shares.
F2 The conversion price reflects the approximate conversion rate of Rand 18.3468 per U.S Dollar as of February 24, 2023.
F3 The conversion price reflects the approximate conversion rate of Rand 18.4082 per U.S Dollar as of February 27, 2023.