SEC Form 4 · accession 0001493152-18-001565
CareCloud, Inc. · CCLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Andrew Snyder
Officer — Chief Executive Officer · Director
Period of report
Feb 4, 2018
Accepted (ET)
Feb 6, 2018 · 5:30 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 4, 2018 | M | 25,000 | $0.00 | A | 131,000 | 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 | Feb 4, 2018 | M | 25,000 | D | — | — | Common Stock | 25,000 | 75,000 | D |
Explanation of responses
- F1Represents the conversion upon vesting of restricted stock units into common stock on February 4, 2018. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vest in equal installments on each of the next three six-month anniversaries of February 4, 2018.