Paul M. Dell - Mar 7, 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: Mar 7, 2023
Transactions value $: -$75,955
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	-$76K	-230K	-31.74%	$0.33^*	495K	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, 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 230 168 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 494 955 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.

Content

As previously disclosed in a March 7, 2023 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 230 168 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 494 955 MiX Telematics ordinary shares..

The conversion price reflects the approximate conversion rate of Rand 18.3982 per U.S Dollar as of March 07, 2023.