0001104659-22-037427.txt : 20220324
0001104659-22-037427.hdr.sgml : 20220324
20220324135011
ACCESSION NUMBER: 0001104659-22-037427
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220323
FILED AS OF DATE: 20220324
DATE AS OF CHANGE: 20220324
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Joselowitz Stefan B
CENTRAL INDEX KEY: 0001809252
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36027
FILM NUMBER: 22765937
MAIL ADDRESS:
STREET 1: P.O. BOX 12326
STREET 2: VORNA VALLEY
CITY: JOHANNESBURG
STATE: T3
ZIP: 1686
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MiX Telematics Ltd
CENTRAL INDEX KEY: 0001576914
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 000000000
STATE OF INCORPORATION: T3
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: PO BOX 12326
STREET 2: VORNA VALLEY
CITY: JOHANNESBURG
STATE: T3
ZIP: 1686
BUSINESS PHONE: 27-11-654-8279
MAIL ADDRESS:
STREET 1: PO BOX 12326
STREET 2: VORNA VALLEY
CITY: JOHANNESBURG
STATE: T3
ZIP: 1686
4
1
tm2210348-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-03-23
0
0001576914
MiX Telematics Ltd
MIXT
0001809252
Joselowitz Stefan B
HOWICK CLOSE, WATERFALL PARK
BEKKER ROAD
MIDRAND
T3
1686
SOUTH AFRICA
1
1
0
0
President and CEO
Ordinary Shares
2022-03-23
4
M
0
589958
0.19
A
19302149
D
Stock Appreciation Rights
0.19
2022-03-23
4
M
0
1000000
0
A
Ordinary Shares
589958
0
D
For purposes of this table, the award price has been converted, based on the South African Rand/U.S. dollar exchange rate in effect as of grant date.
The Stock Appreciation Rights time vest in 25% tranches beginning on the second anniversary of the grant date subject to the executive's continued employment, provided, however, that the grant is also subject to a performance based condition that a minimum total shareholder return of 10% must be achieved prior to the date that the grant expires. These Stock Appreciation Rights were granted on May 30, 2016 and expire on May 30, 2022.
1,000,000 Stock Appreciation Rights were exercised equating to 589,958 ordinary shares (equivalent to 23,598 ADRs) based on an intrinsic value of 4.23 Rand (equivalent to $0.28) and an exercise price of 7.17 Rand (equivalent to $0.48). The conversion prices reflects the approximate U.S. dollar conversion rate of R14.8812 as of March 22, 2022.
/s/ Joselowitz Stefan B, by Paul M. Dell, as Attorney-in-Fact
2022-03-24