SEC Form 4 · accession 0001144204-16-093073
CareCloud, Inc. · CCLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bill Korn
Officer — Chief Financial Officer
Period of report
Apr 4, 2016
Accepted (ET)
Apr 6, 2016 · 5:51 pm 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 | Apr 4, 2016 | M | 16,667 | $0.00 | A | 116,334 | 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 | Apr 4, 2016 | M | 16,667 | D | — | — | Common Stock | 16,667 | 16,666 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted stock units into common stock on April 4, 2016. These restricted stock units and the shares of common stock issued upon 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 will vest on April 4, 2017.