0000950170-24-012301.txt : 20240207
0000950170-24-012301.hdr.sgml : 20240207
20240207170024
ACCESSION NUMBER: 0000950170-24-012301
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240205
FILED AS OF DATE: 20240207
DATE AS OF CHANGE: 20240207
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Adams Christopher R.
CENTRAL INDEX KEY: 0002009128
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-12182
FILM NUMBER: 24605075
MAIL ADDRESS:
STREET 1: 15635 ALTON PARKWAY
STREET 2: SUITE 250
CITY: IRVINE
STATE: CA
ZIP: 92618
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CalAmp Corp.
CENTRAL INDEX KEY: 0000730255
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 953647070
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0228
BUSINESS ADDRESS:
STREET 1: 15635 ALTON PARKWAY, SUITE 250
CITY: IRVINE
STATE: CA
ZIP: 92618
BUSINESS PHONE: 949-600-5600
MAIL ADDRESS:
STREET 1: 15635 ALTON PARKWAY, SUITE 250
CITY: IRVINE
STATE: CA
ZIP: 92618
FORMER COMPANY:
FORMER CONFORMED NAME: CALIFORNIA AMPLIFIER INC
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
4
X0508
4
2024-02-05
0000730255
CalAmp Corp.
CAMP
0002009128
Adams Christopher R.
C/O CALAMP CORP.
15635 ALTON PARKWAY, SUITE 250
IRVINE
CA
92618
true
true
false
false
President and CEO
false
Restricted Stock Units (RSUs)
2024-02-05
4
A
false
32609
0
A
Common Stock
32609
32609
D
Performance Stock Units (PSUs)
2024-02-05
4
A
false
32609
0
A
Common Stock
32609
32609
D
RSUs and PSUs convert into common stock on a one-for-one basis.
The RSUs vest at the rate of 33.33% on the 1 year anniversary of date of grant and 8.33% quarterly thereafter.
The PSUs vest at the rate of 33.33% on the 1 year anniversary of the date of grant and 8.33% quarterly thereafter, subject to CalAmp Corp.'s common stock achieving certain specified stock price hurdles. 1) 50% of the PSUs will vest upon satisfaction of the service-based requirement and achievement of Stock Price Hurdle A as determined by the CalAmp Corp.'s Board of Directors. 2) The remaining 50% of the PSUs will vest upon satisfaction of the service-based requirement and achievement of Stock Price Hurdle B as determined by the CalAmp Corp.'s Board of Directors. However, if Stock Price Hurdle B has not been satisfied by the 3 year anniversary of the date of grant, the remaining 50% of the PSUs may still vest if Stock Price Hurdle B is satisfied by the 5 year anniversary of the date of grant.
Kevin Hansen, Attorney-in-Fact
2024-02-07