Stephen Andrew Snyder - Jun 7, 2021 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Signature
/s/ Norman Roth, Attorney-in Fact for Stephen Andrew Snyder
Stock symbol
CCLD
Transactions as of
Jun 7, 2021
Transactions value $
-$101,200
Form type
4
Date filed
6/9/2021, 09:30 PM
Previous filing
May 19, 2021
Next filing
Jul 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +25K +11.59% $0.00 241K Jun 7, 2021 Direct F2
transaction CCLD Common Stock Tax liability -$101K -11.5K -4.78% $8.80 229K Jun 7, 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 +25K +66.67% $0.00 62.5K Jun 7, 2021 Common Stock 25K $0.00 Direct F1
transaction CCLD Restricted Stock Unit Options Exercise $0 -25K -40% $0.00 37.5K Jun 7, 2021 Common Stock 25K $0.00 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.