Anand Rau - Aug 23, 2022 Form 4 Insider Report for CalAmp Corp. (CAMP)

Role
SVP & Chief Technology Officer
Signature
Erik Schulz, Attorney-in-fact
Stock symbol
CAMP
Transactions as of
Aug 23, 2022
Transactions value $
-$6
Form type
4
Date filed
8/25/2022, 05:55 PM
Previous filing
Aug 1, 2022
Next filing
Nov 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAMP Common Stock Options Exercise +5 +0% 154K Aug 23, 2022 Direct F1
transaction CAMP Common Stock Tax liability -$6 -1 0% $5.85* 154K Aug 23, 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 -5 -100% $0.00* 0 Aug 23, 2022 Common Stock 5 Direct F1, F3, F4
* 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 August 23, 2022, in connection with the vesting of 5 performance stock units held by the reporting person, CalAmp withheld 1 share to pay statutory withholding taxes of $5.85.
F3 Performance stock units vested on August 23, 2022.
F4 Performance stock units were originally granted on July 24, 2019. Final determination of total cumulative issuable shares was approved on August 23, 2022, in accordance with the criteria and terms contained within the underlying performance stock agreement.