Charles W. Tasker - Jun 26, 2023 Form 4 Insider Report for MiX Telematics Ltd (MIXT)

Signature
/s/ Charles W. Tasker, by Paul M. Dell, as Attorney-in-Fact
Stock symbol
MIXT
Transactions as of
Jun 26, 2023
Transactions value $
$0
Form type
4
Date filed
7/3/2023, 03:16 PM
Previous filing
Jun 20, 2023
Next filing
Apr 4, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MIXT Stock Appreciation Rights Award $0 +500K $0.00 500K Jun 28, 2023 Ordinary Shares 500K $0.27 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For purposes of this table, the award price has been converted, based on the South African Rand/U.S. dollar exchange rate in effect as of this filing
F2 The Stock Appreciation Rights time vest in 25% tranches beginning on the second anniversary of the grant date subject to the executive's continued employment, provided, however, that the grant is also subject to a performance based condition that a minimum total shareholder return of 10% must be achieved prior to the date that the grant expires. These Stock Appreciation Rights were granted on June 26, 2023 and expire on June 26, 2029.