Norman Roth - 31 Jul 2021 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Controller
Signature
/s/ Norman Roth
Issuer symbol
CCLD
Transactions as of
31 Jul 2021
Net transactions value
-$21,429
Form type
4
Filing time
03 Aug 2021, 21:30:40 UTC
Previous filing
09 Jun 2021
Next filing
07 Jan 2022
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% $0.000000 67,250 31 Jul 2021 Direct F1
transaction CCLD Common Stock Tax liability $14,385 -1,750 -2.6% $8.22 65,500 31 Jul 2021 Direct F3
transaction CCLD Common Stock Options Exercise $0 +2,500 +3.8% $0.000000 68,000 02 Aug 2021 Direct F2
transaction CCLD Common Stock Tax liability $7,044 -875 -1.3% $8.05 67,125 02 Aug 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 -5,000 -27% $0.000000 13,500 31 Jul 2021 Common Stock 5,000 $0.000000 Direct F1
transaction CCLD Restricted Stock Unit Options Exercise $0 -2,500 -19% $0.000000 11,000 02 Aug 2021 Common Stock 2,500 $0.000000 Direct F2
* 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.