Norman Roth - 31 Jul 2024 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Signature
/s/ Norman Roth
Issuer symbol
CCLD
Transactions as of
31 Jul 2024
Net transactions value
-$2,609
Form type
4
Filing time
02 Aug 2024, 21:30:10 UTC
Previous filing
02 May 2024
Next filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +3,500 +3.6% $0.000000 100,200 31 Jul 2024 Direct F1
transaction CCLD Common Stock Tax liability $2,609 -1,225 -1.2% $2.13 98,975 31 Jul 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 -3,500 -100% $0.000000* 0 31 Jul 2024 Common Stock 3,500 $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 July 31, 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.
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.