Norman Roth - 31 Dec 2021 Form 5 Insider Report for CareCloud, Inc. (CCLD)

Role: Controller
Signature: /s/ Norman Roth
Issuer symbol: CCLD
Transactions as of: 31 Dec 2021
Net transactions value: -$9,432
Form type: 5
Filing time: 07 Jan 2022, 20:30:22 UTC
Previous filing: 03 Aug 2021
Next filing: 02 Feb 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	+2,500	+3.8%	$0.000000	68,000	02 Feb 2021	Direct	F1
transaction	CCLD	Common Stock	Tax liability	$9,432	-875	-1.3%	$10.78	67,125	02 Feb 2021	Direct	F2

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	-2,500	-19%	$0.000000	11,000	02 Feb 2021	Common Stock	2,500	$0.000000	Direct	F1

* 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 February 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.
F2	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.