Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PWFL | Common Stock, par value $0.01 per share | Tax liability | -$37.3K | -7.28K | -2.75% | $5.12 | 257K | Apr 2, 2024 | Direct | F1 |
holding | PWFL | Common Stock, par value $0.01 per share | 76K | Apr 2, 2024 | By Vajra Fund I, L.P. | F2 |
Id | Content |
---|---|
F1 | These shares were withheld by Powerfleet, Inc. to satisfy tax withholding obligations upon the vesting of a restricted stock award previously made to the reporting person. The reporting person did not sell any shares on the transaction date. |
F2 | The reporting person, as the general partner of Vajra Fund I, L.P. ("Vajra Fund"), may be deemed to beneficially own the securities held by Vajra Fund. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |