Stephen Andrew Snyder - 15 Feb 2023 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Director
Signature
/s/ Norman Roth, Attorney-in Fact for Stephen Andrew Snyder
Issuer symbol
CCLD
Transactions as of
15 Feb 2023
Net transactions value
$0
Form type
4
Filing time
24 Feb 2023, 20:30:23 UTC
Previous filing
28 Oct 2022
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Series B Cum Redeemable Perp Pref Stock [CCLDO] Options Exercise $0 +14,000 $0.000000 14,000 16 Feb 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 Award $0 +28,000 $0.000000 28,000 15 Feb 2023 Series B Cumulative Redeemable Perpetual Preferred Stock 28,000 $0.000000 Direct F1
transaction CCLD Restricted Stock Unit Options Exercise $0 -14,000 -50% $0.000000 14,000 16 Feb 2023 Series B Cumulative Redeemable Perpetual Preferred Stock 14,000 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock unit was granted on February 15, 2023 and vests in two equal installments on February 16, 2023 and January 1, 2024.
F2 Represents the conversion upon vesting of restricted stock units into Series B Preferred Stock on February 16, 2023. These restricted stock units and the shares of Series B Preferred 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.