Kimberly J. Blanche - Dec 31, 2021 Form 5 Insider Report for CareCloud, Inc. (CCLD)

Signature
/s/ Kimberly J. Blanche
Stock symbol
CCLD
Transactions as of
Dec 31, 2021
Transactions value $
-$7,546
Form type
5
Date filed
1/7/2022, 08:30 PM
Previous filing
Aug 3, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +2K +29.3% $0.00 8.83K Feb 2, 2021 Direct F3
transaction CCLD Common Stock Tax liability -$7.55K -700 -7.93% $10.78 8.13K Feb 2, 2021 Direct F4

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 Award $0 +8K +123.08% $0.00 14.5K Jan 29, 2021 Common Stock 8K $0.00 Direct F1, F2
transaction CCLD Restricted Stock Unit Options Exercise $0 -2K -13.79% $0.00 12.5K Feb 2, 2021 Common Stock 2K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement and upon vesting, one share of common stock.
F2 8,000 restricted stock units were granted on January 29, 2021, of which 2,000 restricted stock units vested upon attainment of certain criteria in July 2021 and the remainder will vest in January 2022.
F3 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.
F4 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.