Lawrence S. Sharnak - Feb 3, 2022 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role: Director
Signature: /s/ Norman Roth Attorney-In-Fact for Lawrence S. Sharnak
Stock symbol: CCLD
Transactions as of: Feb 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/4/2022, 08:30 PM
Previous filing: Aug 10, 2021
Next filing: Feb 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCLD	Common Stock	Options Exercise	$0	+2.75K	+68.75%	$0.00	6.75K	Feb 3, 2022	Direct	F1

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	-2.75K	-18.33%	$0.00	12.3K	Feb 3, 2022	Common Stock	2.75K	$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 February 3, 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. The remainder of this restricted stock unit grant vests between August 2022 and August 2023. The additional restricted stock units vest between February 2022 and August 2022.

Content

Represents the conversion upon vesting of restricted stock units into common stock on February 3, 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. The remainder of this restricted stock unit grant vests between August 2022 and August 2023. The additional restricted stock units vest between February 2022 and August 2022.