Bill Korn - Mar 23, 2022 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role: Chief Financial Officer
Signature: /s/ Norman Roth, Attorney-in-Fact for Bill Korn
Stock symbol: CCLD
Transactions as of: Mar 23, 2022
Transactions value $: -$16,457
Form type: 4
Date filed: 3/25/2022, 09:30 PM
Previous filing: Feb 22, 2022
Next filing: Aug 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCLD	Common Stock	Options Exercise	$0	+7.5K	+5.38%	$0.00	147K	Mar 23, 2022	Direct	F1
transaction	CCLD	Common Stock	Tax liability	-$16.5K	-3.45K	-2.35%	$4.77	143K	Mar 23, 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	-7.5K	-33.33%	$0.00	15K	Mar 23, 2022	Common Stock	7.5K	$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 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.

Content

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.

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.