Jeffery R. Gardner - Apr 28, 2022 Form 4 Insider Report for CalAmp Corp. (CAMP)

Role
President & CEO, Director
Signature
Erik Schulz, Attorney-in-fact
Stock symbol
CAMP
Transactions as of
Apr 28, 2022
Transactions value $
-$173,835
Form type
4
Date filed
5/2/2022, 08:16 PM
Previous filing
Jan 24, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAMP Common Stock Options Exercise +70.2K +27.18% 328K Apr 28, 2022 Direct F1
transaction CAMP Common Stock Tax liability -$174K -34.8K -10.59% $5.00* 294K Apr 28, 2022 Direct F2

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 CAMP Performance Stock Units Options Exercise $0 -70.2K -50% $0.00 70.2K Apr 28, 2022 Common Stock 70.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance stock units convert into common stock on a one-for-one basis.
F2 On April 28, 2022, in connection with vesting of 70,199 shares of performance stock units held by the reporting person, CalAmp withheld 34,767 shares to pay statutory withholding taxes of $173,835.00.
F3 Performance stock units vested on April 28, 2022.