Kurtis Joseph Binder - Jul 24, 2022 Form 4 Insider Report for CalAmp Corp. (CAMP)

Role
Chief Financial Officer
Signature
Erik Schulz, Attorney-in-fact
Stock symbol
CAMP
Transactions as of
Jul 24, 2022
Transactions value $
-$42,491
Form type
4
Date filed
7/26/2022, 08:56 PM
Previous filing
May 2, 2022
Next filing
Jul 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAMP Common Stock Tax liability -$26.6K -6.06K -3.1% $4.39* 189K Jul 24, 2022 Direct F1
transaction CAMP Common Stock Options Exercise +998 +0.53% 190K Jul 24, 2022 Direct F2
transaction CAMP Common Stock Tax liability -$2.17K -494 -0.26% $4.39* 190K Jul 24, 2022 Direct F3
transaction CAMP Common Stock Tax liability -$13.7K -3.07K -1.62% $4.47* 187K Jul 25, 2022 Direct F4

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 -998 -4.98% $0.00 19K Jul 24, 2022 Common Stock 998 Direct F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 24, 2022, in connection with vesting of 12,216 shares of restricted stock held by the reporting person, CalAmp withheld 6,056 shares to pay withholding taxes of $26,585.84.
F2 Performance stock units convert into common stock on a one-for-one basis.
F3 On July 24, 2022, in connection with the vesting of 998 performance stock units held by the reporting person, CalAmp withheld 494 shares to pay statutory withholding taxes of $2,168.66.
F4 On July 25, 2022, in connection with vesting of 6,200 shares of restricted stock held by the reporting person, CalAmp withheld 3,073 shares to pay withholding taxes of $13,736.31.
F5 Performance stock units vested on July 24, 2022.
F6 Performance stock units were originally granted on July 24, 2019. Final determination of any incremental issuable shares will be determined and approved on or before August 23, 2022, in accordance with the criteria and terms contained within the underlying performance stock agreement.