Norman Roth - 31 Dec 2022 Form 5 Insider Report for CareCloud, Inc. (CCLD)

Role
Controller
Signature
/s/ Norman Roth
Issuer symbol
CCLD
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
06 Jan 2023, 20:30:15 UTC
Previous filing
03 Aug 2022
Next filing
02 Feb 2023

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 Disposed to Issuer $0 -5,000 -50% $0.000000 5,000 09 Feb 2022 Common Stock 5,000 $0.000000 Direct F1, F2
transaction CCLD Restricted Stock Unit Award $0 +12,000 +240% $0.000000 17,000 07 Mar 2022 Common Stock 12,000 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement and upon vesting, one share of common stock.
F2 On February 9, 2022, the restricted stock unit was cancelled by mutual agreement of the reporting person and the issuer.
F3 12,000 restricted stock units were granted on March 7, 2022, of which 5,000 restricted stock units vested in July 2022 and the remainder will vest in March 2023 upon attainment of certain criteria.