0001493152-19-011677.txt : 20190805 0001493152-19-011677.hdr.sgml : 20190805 20190805210012 ACCESSION NUMBER: 0001493152-19-011677 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190802 FILED AS OF DATE: 20190805 DATE AS OF CHANGE: 20190805 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Patel Shruti H CENTRAL INDEX KEY: 0001682953 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36529 FILM NUMBER: 191000229 MAIL ADDRESS: STREET 1: 7 CLYDE ROAD CITY: SOMERSET STATE: NJ ZIP: 08873 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MTBC, Inc. CENTRAL INDEX KEY: 0001582982 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 223832302 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7 CLYDE ROAD STREET 2: SOMERSET CITY: SOMERSET STATE: NJ ZIP: 08873 BUSINESS PHONE: 7328735133 MAIL ADDRESS: STREET 1: 7 CLYDE ROAD STREET 2: SOMERSET CITY: SOMERSET STATE: NJ ZIP: 08873 FORMER COMPANY: FORMER CONFORMED NAME: MEDICAL TRANSCRIPTION BILLING, CORP DATE OF NAME CHANGE: 20130731 4 1 ownership.xml X0306 4 2019-08-02 0 0001582982 MTBC, Inc. MTBC 0001682953 Patel Shruti H 7 CLYDE ROAD SOMERSET NJ 08873 0 1 0 0 General Counsel and Corp Sec Common Stock 2019-08-02 4 M 0 2500 0 A 2500 D Common Stock 2019-08-02 4 F 0 875 4.75 D 1625 D Common Stock 2019-08-04 4 M 0 2500 0 A 4125 D Common Stock 2019-08-04 4 F 0 875 4.75 D 3250 D Restricted Stock Unit 0 2019-08-02 4 M 0 2500 0 D Common Stock 2500 17500 D Restricted Stock Unit 0 2019-08-04 4 M 0 2500 0 D Common Stock 2500 15000 D Represents the conversion upon vesting of restricted stock units into common stock on August 2, 2019. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remainder of the restricted stock units vest on various dates between February 2020 and August 2021. Represents the conversion upon vesting of restricted stock units into common stock on August 4, 2019. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person. The remaining restricted stock units vest on various dates between February 2020 and August 2021. Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the common stock. This is not an open market sale of securities. /s/ Shruti Patel 2019-08-05