Norman Roth - 31 Jan 2022 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role: Controller
Signature: /s/ Norman Roth
Issuer symbol: CCLD
Transactions as of: 31 Jan 2022
Net transactions value: -$12,138
Form type: 4
Filing time: 02 Feb 2022, 20:30:22 UTC
Previous filing: 07 Jan 2022
Next filing: 03 Aug 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	+6,000	+8.9%	$0.000000	73,125	31 Jan 2022	Direct	F1
transaction	CCLD	Common Stock	Tax liability	$12,138	-2,100	-2.9%	$5.78	71,025	31 Jan 2022	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	-6,000	-55%	$0.000000	5,000	31 Jan 2022	Common Stock	6,000	$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 January 31, 2022. 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.