0001493152-23-036967.txt : 20231011 0001493152-23-036967.hdr.sgml : 20231011 20231011213007 ACCESSION NUMBER: 0001493152-23-036967 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231006 FILED AS OF DATE: 20231011 DATE AS OF CHANGE: 20231011 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KORN BILL CENTRAL INDEX KEY: 0001610976 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36529 FILM NUMBER: 231321621 MAIL ADDRESS: STREET 1: 61 DARREN DRIVE CITY: BASKING RIDGE STATE: NJ ZIP: 07920 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CareCloud, Inc. CENTRAL INDEX KEY: 0001582982 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 223832302 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7 CLYDE ROAD STREET 2: SOMERSET CITY: SOMERSET STATE: NJ ZIP: 08873 BUSINESS PHONE: 7328735133 MAIL ADDRESS: STREET 1: 7 CLYDE ROAD STREET 2: SOMERSET CITY: SOMERSET STATE: NJ ZIP: 08873 FORMER COMPANY: FORMER CONFORMED NAME: MTBC, Inc. DATE OF NAME CHANGE: 20190206 FORMER COMPANY: FORMER CONFORMED NAME: MEDICAL TRANSCRIPTION BILLING, CORP DATE OF NAME CHANGE: 20130731 4 1 ownership.xml X0508 4 2023-10-06 0 0001582982 CareCloud, Inc. CCLD 0001610976 KORN BILL 5204 PINEY HOLLOW COURT DURHAM NC 27705 1 1 0 0 Chief Strategy Office/Director 0 Series B Cum Redeemable Perp Pref Stock [CCLDO] 2023-10-06 4 M 0 10000 0 A 10000 D Series B Cum Redeemable Perp Pref Stock [CCLDO] 2023-10-06 4 F 0 4600 18.52 D 5400 D Restricted Stock Unit 0 2023-10-06 4 M 0 10000 0 D Series B Cumulative Redeemable Perpetual Preferred Stock 10000 0 D Restricted Stock Unit 0 2023-10-09 4 A 0 30000 0 A Common Stock 30000 30000 D Represents the conversion upon vesting as Chief Strategy Officer of restricted stock units into shares of preferred stock on October 6, 2023. These shares of preferred stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan without payment by the requesting person. Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the preferred stock. This is not an open market sale of securities. The restricted stock unit was granted as a member of the Board of Directors on October 9, 2023 and vests in four equal installments on February 1, 2024, August 1, 2024, February 1, 2025 and August 1, 2025. /s/ Norman Roth, Attorney-in-Fact for Bill Korn 2023-10-11