Stephen Andrew Snyder - 23 Mar 2022 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Chief Strategy Officer, Director
Signature
/s/ Norman Roth, Attorney-in Fact for Stephen Andrew Snyder
Issuer symbol
CCLD
Transactions as of
23 Mar 2022
Net transactions value
-$16,456
Form type
4
Filing time
25 Mar 2022, 21:30:12 UTC
Previous filing
24 Sep 2021
Next filing
06 Jun 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 +7,500 +3.5% $0.000000 224,845 23 Mar 2022 Direct F1
transaction CCLD Common Stock Tax liability $16,456 -3,450 -1.5% $4.77 221,395 23 Mar 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 -7,500 -33% $0.000000 15,000 23 Mar 2022 Common Stock 7,500 $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 March 23, 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 September 2022 and March 2023.
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.