Stephen Andrew Snyder - 07 Jun 2021 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role: Chief Strategy Officer, Director
Signature: /s/ Norman Roth, Attorney-in Fact for Stephen Andrew Snyder
Issuer symbol: CCLD
Transactions as of: 07 Jun 2021
Net transactions value: -$101,200
Form type: 4
Filing time: 09 Jun 2021, 21:30:25 UTC
Previous filing: 19 May 2021
Next filing: 21 Jul 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	+25,000	+12%	$0.000000	240,745	07 Jun 2021	Direct	F2
transaction	CCLD	Common Stock	Tax liability	$101,200	-11,500	-4.8%	$8.80	229,245	07 Jun 2021	Direct	F3

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	Award	$0	+25,000	+67%	$0.000000	62,500	07 Jun 2021	Common Stock	25,000	$0.000000	Direct	F1
transaction	CCLD	Restricted Stock Unit	Options Exercise	$0	-25,000	-40%	$0.000000	37,500	07 Jun 2021	Common Stock	25,000	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The restricted stock units were granted on June 7, 2021 and vested immediately.
F2	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 between August 2021 and March 2023.
F3	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.