Catherine J. Lewis - Mar 7, 2023 Form 4 Insider Report for MiX Telematics Ltd (MIXT)

Signature
/s/ Lewis Catherine J, by Paul M. Dell, as Attorney-in-Fact
Stock symbol
MIXT
Transactions as of
Mar 7, 2023
Transactions value $
-$56,967
Form type
4
Date filed
3/9/2023, 01:50 PM
Previous filing
Mar 7, 2023
Next filing
Jun 5, 2023

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 Mar 7, 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.