SEC Form 4 · accession 0001144204-15-057989
CareCloud, Inc. · CCLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Longstreth Clark Jr.
Director
Period of report
Sep 30, 2015
Accepted (ET)
Oct 5, 2015 · 6:09 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001582982
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Sep 30, 2015 | M | 7,500 | $0.00 | A | 16,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitF1 | $0.00 | Sep 30, 2015 | M | 7,500 | D | — | — | Common Stock | 7,500 | 30,000 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted stock units into common stock on September 15, 2015 but not issued until September 30, 2015. These restricted stock units and the shares of common stock issued upon the vesting of such units were acquired under the Company's 2014 Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vest as follows: April 4, 2016-7,500; September 15, 2016-7,500; April 4, 2017-7,500; September 15, 2017-7,500.