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