Jason Cohenour - 05 Mar 2024 Form 4 Insider Report for CalAmp Corp.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Mar 2024, 19:41:52 UTC
Prior SEC filing
09 Nov 2023
Next SEC filing
06 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Kevin Hansen, Attorney-in-Fact

Key filing fact

Jason Cohenour filed Form 4 for CalAmp Corp. on 07 Mar 2024.

Key facts

  • This page summarizes Jason Cohenour's Form 4 filing for CalAmp Corp..
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 07 Mar 2024, 19:41.

Change

  • Previous filing in this sequence was filed on 09 Nov 2023.
  • Current net transaction value: -$5,526.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CAMP transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+7,824
Change %
+249%
Price
$0.000000
Shares after
10,962
Date
05 Mar 2024
Ownership
Direct
Footnotes
F1
CAMP transaction

Common Stock

Tax liability

Transaction value
$5,526
Shares
-2,322
Change %
-21%
Price
$2.38
Shares after
8,640
Date
05 Mar 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

CAMP transaction Derivative

Restricted Stock Units (RSUs)

Options Exercise

Transaction value
$0
Shares
-7,824
Change %
-100%
Price
$0.000000*
Shares after
0
Date
05 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,824
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reflects a 1-for-23 reverse stock split that was effected by CalAmp Corp. on February 1, 2024.

Footnote F2

Represents shares withheld to pay statutory withholding taxes in connection with vesting of restricted stock award/units held by the reporting person.

Footnote F3

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F4

Original vesting schedule noted 1,304 shares (post split) would be earned for each full month of service as Interim CEO and vest on the first anniversary of the grant date (Maximum 7,824 shares). Any RSUs that would not vest would be forfeited. The reporting person ceased serving as Interim CEO on January 22, 2024 and the reporting person's transitional services ended on February 20, 2024. As a result, the Human Capital Committee approved a modification of the RSU award such that all 7,824 RSUs vested on March 5, 2024.

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