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

Role
Controller
Signature
/s/ Norman Roth
Stock symbol
CCLD
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
1/6/2023, 08:30 PM
Previous filing
Aug 3, 2022
Next filing
Feb 2, 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 -5K -50% $0.00 5K Feb 9, 2022 Common Stock 5K $0.00 Direct F1, F2
transaction CCLD Restricted Stock Unit Award $0 +12K +240% $0.00 17K Mar 7, 2022 Common Stock 12K $0.00 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.