MICHAEL J. CASEY - 09 Aug 2021 Form 4 Insider Report for PowerFleet, Inc. (AIOT)

Role
Director
Signature
/s/ Ned Mavrommatis, as Attorney-in-Fact for Michael J. Casey
Issuer symbol
AIOT
Transactions as of
09 Aug 2021
Net transactions value
$0
Form type
4
Filing time
10 Aug 2021, 21:34:10 UTC
Next filing
29 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWFL Common Stock, par value $0.01 per share Award $0 +8,556 +7.1% $0.000000 128,431 09 Aug 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 9, 2021 (the "Grant Date"), Michael Casey (the "Reporting Person") was granted 8,556 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on August 9, 2022, provided that the Reporting Person is serving as a director of the Company on such date.