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