Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PWFL | Common Stock, par value $0.01 per share | Options Exercise | +66.7K | +14.84% | 516K | Jan 31, 2020 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PWFL | Restricted Stock Units | Options Exercise | -66.7K | -100% | 0 | Jan 31, 2020 | Common Stock, par value $0.01 per share | 66.7K | Direct | F1, F2 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company"). |
F2 | This transaction represents the settlement of RSUs in shares of Common Stock, which RSUs became fully vested as of January 31, 2020, pursuant to that certain Termination of Employment by Mutual Consent Agreement the Company entered into with the Reporting Person. |