Lawrence J. Steenvoorden - 10 Aug 2023 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role: Chief Financial Officer
Signature: /s/ Lawrence J. Steenvoorden
Issuer symbol: CCLD
Transactions as of: 10 Aug 2023
Net transactions value: -$12,985
Form type: 4
Filing time: 11 Aug 2023, 21:30:07 UTC
Previous filing: 24 Jul 2023
Next filing: 03 Jan 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCLD	Common Stock	Options Exercise	$0	+17,097		$0.000000	17,097	10 Aug 2023	Direct	F1
transaction	CCLD	Common Stock	Tax liability	$12,985	-5,984	-35%	$2.17	11,113	10 Aug 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	-17,097	-22%	$0.000000	61,549	10 Aug 2023	Common Stock	17,097	$0.000000	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 August 10, 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 remaining restricted stock units vest between July 2024 and July 2026.
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.