Stephen Andrew Snyder - 16 Dec 2024 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
President
Signature
/s/ Norman Roth, Attorney-in Fact for Stephen Andrew Snyder
Issuer symbol
CCLD
Transactions as of
16 Dec 2024
Net transactions value
-$76,860
Form type
4
Filing time
18 Dec 2024, 21:30:07 UTC
Previous filing
10 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Series B Cum Redeemable Perp Pref Stock [CCLDO] Options Exercise $0 +12,000 +52% $0.000000 34,990 16 Dec 2024 Direct F1
transaction CCLD Series B Cum Redeemable Perp Pref Stock [CCLDO] Tax liability $76,860 -4,200 -12% $18.30 30,790 16 Dec 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 -12,000 -100% $0.000000 0 16 Dec 2024 Series B Cumulative Redeemable Perpetual Preferred Stock 12,000 $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 shares of preferred stock on December 16, 2024. These shares of preferred stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan without payment by the requesting person.
F2 Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the preferred stock. This is not an open market sale of securities.