0001493152-23-000829.txt : 20230106
0001493152-23-000829.hdr.sgml : 20230106
20230106170637
ACCESSION NUMBER: 0001493152-23-000829
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230104
FILED AS OF DATE: 20230106
DATE AS OF CHANGE: 20230106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WILSON DAVID
CENTRAL INDEX KEY: 0001282478
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39080
FILM NUMBER: 23515843
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PowerFleet, Inc.
CENTRAL INDEX KEY: 0001774170
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
IRS NUMBER: 834366463
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 123 TICE BLVD.
CITY: WOODCLIFF LAKE
STATE: NJ
ZIP: 07677
BUSINESS PHONE: 201-996-9000
MAIL ADDRESS:
STREET 1: 123 TICE BLVD.
CITY: WOODCLIFF LAKE
STATE: NJ
ZIP: 07677
4
1
ownership.xml
X0306
4
2023-01-04
0
0001774170
PowerFleet, Inc.
PWFL
0001282478
WILSON DAVID
C/O POWERFLEET, INC.
123 TICE BOULEVARD
WOODCLIFF LAKE
NJ
07677
0
1
0
0
Chief Financial Officer
Common Stock, par value $0.01 per share
2023-01-04
4
A
0
75000
0
A
75000
D
Employee Stock Options (right to buy)
3.00
2023-01-04
4
A
0
130000
0
A
2033-01-04
Common Stock, par value $0.01 per share
130000
130000
D
Employee Stock Options (right to buy)
3.00
2023-01-04
4
A
0
275000
0
A
2033-01-04
Common Stock, par value $0.01 per share
275000
275000
D
On January 4, 2023 (the "Grant Date"), David Wilson (the "Reporting Person") was granted 75,000 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his appointment as the Chief Financial Officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.
On the Grant Date, as an inducement material to the Reporting Person's entering into employment with the Company, the Reporting Person was granted options to purchase 130,000 shares of Common Stock. Subject to the terms and conditions of a stock option award agreement, this award vests as to 25% of such options on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.
On the Grant Date, as an inducement material to the Reporting Person's entering into employment with the Company, the Reporting Person was granted options to purchase 275,000 shares of Common Stock. Subject to the terms and conditions of a stock option award agreement, this award vests in full if the volume weighted average price of the Common Stock during a consecutive 60 trading day period reaches $12.00 per share, provided that the Reporting Person is employed by the Company on such date.
/s/ David Wilson
2023-01-06