Michael Brodsky - 16 May 2024 Form 4/A Insider Report for Powerfleet, Inc. (AIOT)

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A
Accepted by SEC
21 Jun 2024, 16:57:20 UTC
Original report date
03 Jun 2024
Prior SEC filing
10 May 2024
Next SEC filing
21 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Wilson, as Attorney-in-Fact for Michael Brodsky

Key filing fact

Michael Brodsky filed Form 4/A for Powerfleet, Inc. (AIOT) on 21 Jun 2024.

Key facts

  • This page summarizes Michael Brodsky's Form 4/A filing for Powerfleet, Inc. (AIOT).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 21 Jun 2024, 16:57.

Change

  • Previous filing in this sequence was filed on 10 May 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/A disclosures.

View source filing

Reported non-derivative transactions

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

PWFL transaction

Common Stock, par value $0.01 per share

Award

Transaction value
$0
Shares
+18,028
Change %
+7%
Price
$0.000000
Shares after
275,206
Date
16 May 2024
Ownership
Direct
Footnotes
F1
PWFL holding

Common Stock, par value $0.01 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
76,000
Date
16 May 2024
Ownership
By Vajra Fund I, L.P.
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

On May 16, 2024 (the "Grant Date"), the reporting person was granted 18,028 restricted shares of common stock, par value $0.01 per share, of Powerfleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on the first anniversary of the Grant Date, provided that the reporting person is serving as a director of the Company on such date.

Footnote F2

The reporting person, as the general partner of Vajra Fund I, L.P. ("Vajra Fund"), may be deemed to beneficially own the securities held by Vajra Fund. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

SEC remarks

On June 3, 2024, the reporting person filed a Form 4 that incorrectly included a stock option award grant in Table II. This amended Form 4 is being filed to (i) remove from Table II the stock option award grant that was incorrectly included in the original Form 4 and (ii) restate in Table I the restricted stock award grant that occurred on May 16, 2024.

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