Key facts
- This page summarizes Patrick J. Maley's Form 3 filing for PowerFleet, Inc. (AIOT).
- 0 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 09 Sep 2022, 16:24.
Key filing fact
Ownership activity is grounded in SEC Form 3 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote F1
Consists of 75,000 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") granted to Patrick Maley (the "Reporting Person") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), which vest as to 25% of such shares on each of the first, second, third and fourth anniversaries of March 7, 2022 (the "Grant Date"), provided that the Reporting Person is employed by the Company on each such date.
Footnote F2
On the Grant Date, the Reporting Person was granted options to purchase 150,000 shares of Common Stock under the 2018 Plan. Subject to the terms and conditions of a stock option grant agreement and the 2018 Plan, this award vests as to 25% of such options on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.
Footnote F3
On the Grant Date, the Reporting Person was granted options to purchase 450,000 shares of Common Stock under the 2018 Plan. Subject to the terms and conditions of a stock option grant agreement and the 2018 Plan, this award vests in full if the volume weighted average price of the Common Stock during a consecutive 60 trading day period (the "60 Day VWAP") reaches $12.00 per share, provided that the Reporting Person is employed by the Company on such date.
SEC remarks
Exhibit 24 - Power of Attorney.