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