Michael McConnell - Jun 18, 2024 Form 4 Insider Report for Powerfleet, Inc. (PWFL)

Role
Director
Signature
/s/ David Wilson, as Attorney-in-Fact for Michael McConnell
Stock symbol
PWFL
Transactions as of
Jun 18, 2024
Transactions value $
$0
Form type
4
Date filed
6/21/2024, 05:06 PM
Previous filing
Jun 3, 2024

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 PWFL Stock options (right to buy) Award $0 +125K $0.00 125K Jun 18, 2024 Common Stock, par value $0.01 per share 125K $4.31 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 18, 2024 (the "Grant Date"), the reporting person was granted options to purchase 125,000 shares of common stock, par value $0.01 per share, of Powerfleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended, in consideration of his services as a director of the Company. These options vest in equal installments on the last day of each fiscal quarter over a period of 10 fiscal quarters following the Grant Date, provided that the reporting person is serving as a director of the Company on each such date.