SEC Form 4 · accession 0001493152-17-003891
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 14, 2017
Accepted (ET)
Apr 14, 2017 · 4:30 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 |
|---|---|---|---|---|---|---|---|---|
| Series A Cumulative Redeemable Perpetual Preferred StockF1 | Apr 14, 2017 | A | 10,000 | $0.00 | A | 10,800 | D | |
| Series A Cumulative Redeemable Perpetual Preferred Stock | Apr 14, 2017 | F | 2,500 | $23.06 | D | 8,300 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Series A Preferred Stock awarded under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person.
- F2The 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.
- F3Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of Preferred Stock. This is not an open market sale of securities.