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 |
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. |