Key facts
- This page summarizes Joaquin Fong's Form 3 filing for PowerFleet, Inc. (AIOT).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 12 Aug 2022, 16:15.
Joaquin Fong - 04 Aug 2022 Form 3 Insider Report for PowerFleet, Inc. (AIOT)
- Reporting relationship
- Officer
- Issuer ticker
- AIOT
- Reported as of
- 04 Aug 2022
- Net transaction value
- $0
- Reporting owner signature
- /s/ Joaquin Fong
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Joaquin Fong filed Form 3 for PowerFleet, Inc. (AIOT) on 12 Aug 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PWFL
holding
Common Stock, par value $0.01 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 21,330
- Date
- 04 Aug 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PWFL
holding
Derivative
Employee Stock Options (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 04 Aug 2022
- Ownership
- Direct
- Underlying class
- Common Stock, par value $0.01 per share
- Underlying amount
- 24,546
- Exercise price
- $5.87
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
This amount includes (i) 730 restricted shares of common stock, which shares vest on August 16, 2022, provided that Joaquin Fong (the "Reporting Person") is employed by PowerFleet, Inc. (the "Company") on such date; (ii) 2,428 restricted shares of common stock, which shares vest on June 4, 2023, provided that the Reporting Person is employed by the Company on such date; (iii) 4,091 restricted shares of common stock, 50% of which shares vest on each of November 5, 2022 and November 5, 2023, provided that the Reporting Person is employed by the Company on each such date; and (iv) 5,173 restricted shares of common stock, 33 1/3% of which shares vest on each of February 7, 2023, February 7, 2024 and February 7, 2025, provided that the Reporting Person is employed by the Company on each such date.
Footnote F2
On November 5, 2019, the Reporting Person was granted options to purchase 32,727 shares of common stock, par value $0.01 per share, under the Company's 2018 Incentive Plan. 8,182 shares subject to this grant were exercised and sold prior to the date hereof. Of the remaining 24,546 shares subject to this grant, (i) 8,182 shares are currently vested and exercisable and (ii) 16,364 shares will vest and become exercisable in equal parts on each of November 5, 2022 and November 5, 2023, provided that the Reporting Person is employed by the Company on each such date.
SEC remarks
The Reporting Person is the Global Controller, Principal Financial Officer and Principal Accounting Officer of the Company.