MICHAEL J. CASEY - 28 Jul 2022 Form 4 Insider Report for PowerFleet, Inc. (AIOT)

Role
Director
Signature
/s/ Michael J. Casey
Issuer symbol
AIOT
Transactions as of
28 Jul 2022
Net transactions value
$0
Form type
4
Filing time
29 Jul 2022, 16:56:20 UTC
Previous filing
10 Aug 2021
Next filing
23 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWFL Common Stock, par value $0.01 per share Award $0 +26,332 +21% $0.000000 154,763 28 Jul 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 28, 2022 (the "Grant Date"), Michael Casey (the "Reporting Person") was granted 26,332 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 28, 2023, provided that the Reporting Person is serving as a director of the Company on such date.