Norman Roth - Jan 31, 2023 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role: Controller
Signature: /s/ Norman Roth
Stock symbol: CCLD
Transactions as of: Jan 31, 2023
Transactions value $: -$6,300
Form type: 4
Date filed: 2/2/2023, 08:30 PM
Previous filing: Jan 6, 2023
Next filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCLD	Common Stock	Options Exercise	$0	+5K	+6.73%	$0.00	79.3K	Jan 31, 2023	Direct	F1
transaction	CCLD	Common Stock	Tax liability	-$6.3K	-1.75K	-2.21%	$3.60	77.5K	Jan 31, 2023	Direct	F2

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	-5K	-29.41%	$0.00	12K	Jan 31, 2023	Common Stock	5K	$0.00	Direct	F1

* 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 January 31, 2023. 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. The remainder of this restricted stock unit grant vests between April and July 2023. The additional restricted stock unit vests in March 2023.
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.

Content

Represents the conversion upon vesting of restricted stock units into common stock on January 31, 2023. 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. The remainder of this restricted stock unit grant vests between April and July 2023. The additional restricted stock unit vests in March 2023.

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.