Kimberly J. Blanche - Jul 31, 2021 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
General Counsel & Secretary
Signature
/s/ Kimberly J. Blanche
Stock symbol
CCLD
Transactions as of
Jul 31, 2021
Transactions value $
-$11,389
Form type
4
Date filed
8/3/2021, 09:30 PM
Previous filing
Jun 9, 2021
Next filing
Jan 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +2K +36.2% $0.00 7.53K Jul 31, 2021 Direct F1
transaction CCLD Common Stock Tax liability -$5.75K -700 -9.3% $8.22 6.83K Jul 31, 2021 Direct F3
transaction CCLD Common Stock Options Exercise $0 +2K +29.3% $0.00 8.83K Aug 2, 2021 Direct F2
transaction CCLD Common Stock Tax liability -$5.64K -700 -7.93% $8.05 8.13K Aug 2, 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 Options Exercise $0 -2K -12.12% $0.00 14.5K Jul 31, 2021 Common Stock 2K $0.00 Direct F1
transaction CCLD Restricted Stock Unit Options Exercise $0 -2K -13.79% $0.00 12.5K Aug 2, 2021 Common Stock 2K $0.00 Direct F2, F3
* 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 July 31, 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 by January 31, 2022.
F2 Represents the conversion upon vesting of restricted stock units into common stock on August 2, 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.
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.