0001104659-21-154519.txt : 20211230 0001104659-21-154519.hdr.sgml : 20211230 20211230105843 ACCESSION NUMBER: 0001104659-21-154519 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211228 FILED AS OF DATE: 20211230 DATE AS OF CHANGE: 20211230 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Joselowitz Stefan B CENTRAL INDEX KEY: 0001809252 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36027 FILM NUMBER: 211531203 MAIL ADDRESS: STREET 1: P.O. BOX 12326 STREET 2: VORNA VALLEY CITY: JOHANNESBURG STATE: T3 ZIP: 1686 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MiX Telematics Ltd CENTRAL INDEX KEY: 0001576914 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: T3 FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: PO BOX 12326 STREET 2: VORNA VALLEY CITY: JOHANNESBURG STATE: T3 ZIP: 1686 BUSINESS PHONE: 27-11-654-8279 MAIL ADDRESS: STREET 1: PO BOX 12326 STREET 2: VORNA VALLEY CITY: JOHANNESBURG STATE: T3 ZIP: 1686 4 1 tm2136589d1_4.xml OWNERSHIP DOCUMENT X0306 4 2021-12-28 0 0001576914 MiX Telematics Ltd MIXT 0001809252 Joselowitz Stefan B HOWICK CLOSE, WATERFALL PARK BEKKER ROAD MIDRAND T3 1686 SOUTH AFRICA 1 1 0 0 President and CEO Ordinary Shares 2021-12-28 4 M 0 620146 0.20 A 18712191 D Stock Appreciation Rights 0.20 2021-12-28 4 M 0 1000000 0 A Ordinary Shares 620146 0 D The conversion price reflects the approximate U.S. dollar conversion rate of R15.6712 as of December 28, 2021. The Stock Appreciation Rights time vest in 25% tranches beginning on the second anniversary of the grant date subject to the executive's continued employment, provided, however, that the grant is also subject to a performance based condition that a minimum total shareholder return of 10% must be achieved prior to the date that the grant expires. These Stock Appreciation Rights were granted on August 31, 2015 and would have expired on August 31, 2021, however special dispensation was received to trade at a later date resulting in the new expiration date being February 10, 2022. 1,000,000 Stock Appreciation Rights were exercised equating to 620,146 ordinary shares (equivalent to 24,806 ADRs) based on an intrinsic value of 5.11 Rand (equivalent to $0.33) and an exercise price of 8.24 Rand (equivalent to $0.53). The conversion prices reflects the approximate U.S. dollar conversion rate of R15.6712 as of December 28, 2021. The intention is to retain the resultant ordinary shares. /s/ Joselowitz Stefan B, by Paul M. Dell, as Attorney-in-Fact 2021-12-28