Nathalie Grey Garcia - Feb 15, 2024 Form 4 Insider Report for CareCloud, Inc. (CCLD)

Role
General Counsel & Secretary
Signature
/s/ Nathalie Grey Garcia
Stock symbol
CCLD
Transactions as of
Feb 15, 2024
Transactions value $
-$1,758
Form type
4
Date filed
2/16/2024, 09:30 PM
Previous filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCLD Common Stock Options Exercise $0 +4.28K +54.75% $0.00 12.1K Feb 15, 2024 Direct F1
transaction CCLD Common Stock Tax liability -$1.76K -1.28K -10.61% $1.37 10.8K Feb 15, 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 -4.28K -63.59% $0.00 2.45K Feb 15, 2024 Common Stock 4.28K $0.00 Direct F1
transaction CCLD Restricted Stock Unit Disposed to Issuer $0 -2.45K -100% $0.00* 0 Feb 15, 2024 Common Stock 2.45K $0.00 Direct F3
* 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 common stock on February 15, 2024. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remaining restricted stock units vest in March 2024.
F2 Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the common stock. This is not an open market sale of securities.
F3 On February 15, 2024 it was determined that these restricted stock units would not vest and are forfeited.