SEC Form 4 · accession 0001144204-15-063457

CareCloud, Inc. · CCLD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President · Director

Period of report

Apr 4, 2015

Accepted (ET)

Nov 6, 2015 · 7:52 pm EST

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
Common stock^F1	Apr 4, 2015	M	33,333	$0.00	A	33,333	D
Common stock	Apr 4, 2015	F	8,333	$2.11	D	25,000	D
Series A Cumulative Redeemable Perpetual Preferred Stock	Nov 4, 2015	P	800	$25.00	A	800	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted stock unit^F1	$0.00	Apr 4, 2015	M	33,333	D	—	—	Common Stock	33,333	66,667	D

F1Represents the conversion upon vesting of restricted stock units into common stock on April 4, 2015. These restricted stock units were acquired under the Company's 2014 Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vests equally on April 4, 2016 and April 4, 2017.
F2Shares withheld by the issuer to satisfy the mandatory tax withholding requirements upon vesting of restricted stock units. This is not an open market sale of securities.
F3The initial price of the Company's Series A, 11% Cumulative, Non-Convertible, Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") is $25.00 per share. The Series A Preferred Stock has no expiration date and is subject to all of the rights and obligations set forth in the Company's amended and restated certificate of incorporation, certificate of designations of the Series A Preferred Stock, and amended and restated bylaws.