Stephen Andrew Snyder - 02 Jun 2022 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role: Director
Signature: /s/ Norman Roth, Attorney-in Fact for Stephen Andrew Snyder
Issuer symbol: CCLD
Transactions as of: 02 Jun 2022
Net transactions value: -$27,393
Form type: 4
Filing time: 06 Jun 2022, 21:30:09 UTC
Previous filing: 25 Mar 2022
Next filing: 05 Oct 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	+15,000	+6.8%	$0.000000	236,395	03 Jun 2022	Direct	F1
transaction	CCLD	Common Stock	Tax liability	$27,393	-6,900	-2.9%	$3.97	229,495	03 Jun 2022	Direct	F2
transaction	CCLD	Series B Cum Redeemable Perp Pref Stock [MTBCO]	Options Exercise	$0	+10,000		$0.000000	10,000	06 Jun 2022	Direct	F4

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	-15,000	-100%	$0.000000^*	0	03 Jun 2022	Common Stock	15,000	$0.000000	Direct	F1
transaction	CCLD	Restricted Stock Unit	Award	$0	+10,000		$0.000000	10,000	02 Jun 2022	Series B Cumulative Redeemable Perpetual Preferred Stock	10,000	$0.000000	Direct	F3
transaction	CCLD	Restricted Stock Unit	Options Exercise	$0	-10,000	-100%	$0.000000^*	0	06 Jun 2022	Series B Cumulative Redeemable Perpetual Preferred Stock	10,000	$0.000000	Direct	F4

* 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 June 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.
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.
F3	The restricted stock unit was granted on June 2, 2022 and vested on June 6, 2022.
F4	Represents the conversion upon vesting of restricted stock units into preferred stock on June 6, 2022. These restricted stock units and the shares of preferred 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.