Stephen Andrew Snyder - Jun 2, 2022 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Director
Signature
/s/ Norman Roth, Attorney-in Fact for Stephen Andrew Snyder
Stock symbol
CCLD
Transactions as of
Jun 2, 2022
Transactions value $
-$27,393
Form type
4
Date filed
6/6/2022, 09:30 PM
Previous filing
Mar 25, 2022
Next filing
Oct 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +15K +6.78% $0.00 236K Jun 3, 2022 Direct F1
transaction CCLD Common Stock Tax liability -$27.4K -6.9K -2.92% $3.97 229K Jun 3, 2022 Direct F2
transaction CCLD Series B Cum Redeemable Perp Pref Stock [MTBCO] Options Exercise $0 +10K $0.00 10K Jun 6, 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 -15K -100% $0.00* 0 Jun 3, 2022 Common Stock 15K $0.00 Direct F1
transaction CCLD Restricted Stock Unit Award $0 +10K $0.00 10K Jun 2, 2022 Series B Cumulative Redeemable Perpetual Preferred Stock 10K $0.00 Direct F3
transaction CCLD Restricted Stock Unit Options Exercise $0 -10K -100% $0.00* 0 Jun 6, 2022 Series B Cumulative Redeemable Perpetual Preferred Stock 10K $0.00 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.