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