N. Daly - Aug 1, 2023 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
Director
Signature
/s/ Norman Roth Attorney-In-Fact for John Daly
Stock symbol
CCLD
Transactions as of
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/3/2023, 09:30 PM
Previous filing
Feb 3, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +5K +11.36% $0.00 49K Aug 2, 2023 Direct F3
transaction CCLD Common Stock Options Exercise $0 +2.75K +5.61% $0.00 51.8K Aug 3, 2023 Direct F4

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 +30K +169.01% $0.00 47.8K Aug 1, 2023 Common Stock 30K $0.00 Direct F1, F2
transaction CCLD Restricted Stock Unit Options Exercise $0 -5K -10.47% $0.00 42.8K Aug 2, 2023 Common Stock 5K $0.00 Direct F3
transaction CCLD Restricted Stock Unit Options Exercise $0 -2.75K -6.43% $0.00 40K Aug 3, 2023 Common Stock 2.75K $0.00 Direct F4, F5
* 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, one share of common stock.
F2 The restricted stock unit grant was approved on August 1, 2023 and vests in four equal installments on February 1, 2024, August 1, 2024, February 1, 2025 and August 1, 2025.
F3 Represents the conversion upon vesting of restricted stock units into common stock on August 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.
F4 Represents the conversion upon vesting of restricted stock units into common stock on August 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.
F5 The remainder of these restricted stock units vest between February 2024 and August 2025.