Lawrence S. Sharnak - Feb 2, 2023 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Director
Signature
/s/ Norman Roth Attorney-In-Fact for Lawrence S. Sharnak
Stock symbol
CCLD
Transactions as of
Feb 2, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 08:30 PM
Previous filing
Aug 12, 2022
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +5K +37.04% $0.00 18.5K Feb 2, 2023 Direct F1
transaction CCLD Common Stock Options Exercise $0 +2.75K +14.86% $0.00 21.3K Feb 3, 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 -19.61% $0.00 20.5K Feb 2, 2023 Common Stock 5K $0.00 Direct F1
transaction CCLD Restricted Stock Unit Options Exercise $0 -2.75K -13.41% $0.00 17.8K Feb 3, 2023 Common Stock 2.75K $0.00 Direct F2, F3
* 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 February 2, 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.
F2 Represents the conversion upon vesting of restricted stock units into common stock on February 3, 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.
F3 The remainder of these restricted stock units vest between August 2023 and August 2024.