Norman Roth - Apr 30, 2024 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Signature
/s/ Norman Roth
Stock symbol
CCLD
Transactions as of
Apr 30, 2024
Transactions value $
-$1,348
Form type
4
Date filed
5/2/2024, 09:30 PM
Previous filing
Mar 21, 2024
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +3.5K +3.71% $0.00 97.9K Apr 30, 2024 Direct F1
transaction CCLD Common Stock Tax liability -$1.35K -1.23K -1.25% $1.10 96.7K Apr 30, 2024 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 -3.5K -50% $0.00 3.5K Apr 30, 2024 Common Stock 3.5K $0.00 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 April 30, 2024. 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 unit vests in July 2024.
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.