Norman Roth - 07 Jun 2021 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Controller
Signature
/s/ Norman Roth
Issuer symbol
CCLD
Transactions as of
07 Jun 2021
Net transactions value
-$15,400
Form type
4
Filing time
09 Jun 2021, 21:30:20 UTC
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +5,000 +8.5% $0.000000 64,000 07 Jun 2021 Direct F1
transaction CCLD Common Stock Tax liability $15,400 -1,750 -2.7% $8.80 62,250 07 Jun 2021 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 CCLD Restricted Stock Unit Options Exercise $0 -5,000 -21% $0.000000 18,500 07 Jun 2021 Common Stock 5,000 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of restricted stock units into common stock on June 7, 2021. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vests on various dates between July 2021 and January 2022.
F2 Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the common stock. This is not an open market sale of securities.