Christopher R. Adams - 05 Feb 2024 Form 4 Insider Report for CalAmp Corp.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Feb 2024, 17:00:24 UTC
Prior SEC filing
25 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Kevin Hansen, Attorney-in-Fact

Key filing fact

Christopher R. Adams filed Form 4 for CalAmp Corp. on 07 Feb 2024.

Key facts

  • This page summarizes Christopher R. Adams's Form 4 filing for CalAmp Corp..
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 Feb 2024, 17:00.

Change

  • Previous filing in this sequence was filed on 25 Jan 2024.
  • 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

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CAMP transaction Derivative

Restricted Stock Units (RSUs)

Award

Transaction value
$0
Shares
+32,609
Change %
Price
$0.000000
Shares after
32,609
Date
05 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
32,609
Exercise price
Footnotes
F1, F2
CAMP transaction Derivative

Performance Stock Units (PSUs)

Award

Transaction value
$0
Shares
+32,609
Change %
Price
$0.000000
Shares after
32,609
Date
05 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
32,609
Exercise price
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

RSUs and PSUs convert into common stock on a one-for-one basis.

Footnote F2

The RSUs vest at the rate of 33.33% on the 1 year anniversary of date of grant and 8.33% quarterly thereafter.

Footnote F3

The PSUs vest at the rate of 33.33% on the 1 year anniversary of the date of grant and 8.33% quarterly thereafter, subject to CalAmp Corp.'s common stock achieving certain specified stock price hurdles. 1) 50% of the PSUs will vest upon satisfaction of the service-based requirement and achievement of Stock Price Hurdle A as determined by the CalAmp Corp.'s Board of Directors. 2) The remaining 50% of the PSUs will vest upon satisfaction of the service-based requirement and achievement of Stock Price Hurdle B as determined by the CalAmp Corp.'s Board of Directors. However, if Stock Price Hurdle B has not been satisfied by the 3 year anniversary of the date of grant, the remaining 50% of the PSUs may still vest if Stock Price Hurdle B is satisfied by the 5 year anniversary of the date of grant.

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