0001493152-22-005168.txt : 20220222
0001493152-22-005168.hdr.sgml : 20220222
20220222213039
ACCESSION NUMBER: 0001493152-22-005168
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220219
FILED AS OF DATE: 20220222
DATE AS OF CHANGE: 20220222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chaudhry A Hadi
CENTRAL INDEX KEY: 0001740080
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36529
FILM NUMBER: 22660446
MAIL ADDRESS:
STREET 1: 7 CLYDE ROAD
CITY: SOMERSET
STATE: NJ
ZIP: 08873
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CareCloud, 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: MTBC, Inc.
DATE OF NAME CHANGE: 20190206
FORMER COMPANY:
FORMER CONFORMED NAME: MEDICAL TRANSCRIPTION BILLING, CORP
DATE OF NAME CHANGE: 20130731
4
1
ownership.xml
X0306
4
2022-02-19
0
0001582982
CareCloud, Inc.
MTBC
0001740080
Chaudhry A Hadi
7 CLYDE ROAD
SOMERSET
NJ
08873
1
1
0
0
CEO and President
Series A Cum Redeemable Perp Preferred Stock [MTBCP]
2022-02-19
4
M
0
12000
0
A
12000
D
Series A Cum Redeemable Perp Preferred Stock [MTBCP]
2022-02-19
4
F
0
5520
25.50
D
6480
D
Restricted Stock Unit
0
2022-02-19
4
D
0
12000
0
D
Series A Cumulative Redeemable Perpetual Preferred Stock
12000
0
D
Restricted Stock Unit
0
2022-02-19
4
A
0
12000
0
A
Series B Cumulative Redeemable Perpetual Preferred Stock
12000
12000
D
Represents the conversion upon vesting of restricted stock units into shares of preferred stock on February 19, 2022. These shares of preferred stock were issued upon vesting of such units granted under the Company's Amended and Restated Equity Incentive Plan on January 29, 2021, without payment by the requesting person.
Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon awarding of the preferred stock. This is not an open market sale of securities.
The restricted stock unit was granted on February 19, 2022 and vests in early 2023 upon attainment of certain performance targets.
/s/ Norman Roth, Attorney-in Fact for A Hadi Chaudhry
2022-02-22