Kimberly J. Blanche - Jan 31, 2022 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Signature
/s/ Kimberly J. Blanche
Stock symbol
CCLD
Transactions as of
Jan 31, 2022
Transactions value $
-$12,138
Form type
4
Date filed
2/2/2022, 08:30 PM
Previous filing
Jan 7, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +6K +73.85% $0.00 14.1K Jan 31, 2022 Direct F1
transaction CCLD Common Stock Tax liability -$12.1K -2.1K -14.87% $5.78 12K Jan 31, 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 -6K -48% $0.00 6.5K Jan 31, 2022 Common Stock 6K $0.00 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.