MICHAEL J. CASEY - 26 Jul 2023 Form 4 Insider Report for PowerFleet, Inc. (AIOT)

Role
Director
Signature
/s/ Michael J. Casey
Issuer symbol
AIOT
Transactions as of
26 Jul 2023
Net transactions value
$0
Form type
4
Filing time
28 Jul 2023, 16:18:20 UTC
Previous filing
23 Nov 2022
Next filing
11 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWFL Common Stock, par value $0.01 per share Award $0 +20,562 +12% $0.000000 195,325 26 Jul 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 26, 2023, Michael Casey (the "Reporting Person") was granted 20,562 restricted shares of common stock, par value $0.01 per share, of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 26, 2024, provided that the Reporting Person is serving as a director of the Company on such date.

Remarks:

Exhibit 24 - Power of Attorney