0000905718-20-000356.txt : 20200401 0000905718-20-000356.hdr.sgml : 20200401 20200401165442 ACCESSION NUMBER: 0000905718-20-000356 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200401 DATE AS OF CHANGE: 20200401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ABRY Senior Equity V, L.P. CENTRAL INDEX KEY: 0001690188 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39080 FILM NUMBER: 20766008 BUSINESS ADDRESS: STREET 1: C/O ABRY PARTNERS II, LLC STREET 2: 888 BOYLSTON ST., SUITE 1600 CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 617-859-2959 MAIL ADDRESS: STREET 1: C/O ABRY PARTNERS II, LLC STREET 2: 888 BOYLSTON ST., SUITE 1600 CITY: BOSTON STATE: MA ZIP: 02199 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PowerFleet, Inc. CENTRAL INDEX KEY: 0001774170 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 834366463 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 123 TICE BLVD. CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 BUSINESS PHONE: 201-996-9000 MAIL ADDRESS: STREET 1: 123 TICE BLVD. CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 4 1 ownership.xml X0306 4 2020-03-31 0 0001774170 PowerFleet, Inc. PWFL 0001690188 ABRY Senior Equity V, L.P. C/O ABRY PARTNERS II, LLC 888 BOYLSTON ST., SUITE 1600 BOSTON MA 02199 0 0 1 0 Series A Preferred Stock 2020-03-31 4 J 0 799.443 799443.28 A Common Stock, par value $0.01 per share 109228 43436.418 D Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date. The Reporting Person received 109,228 shares of Series A Preferred Stock as a payment-in-kind dividend on 5,825,520 shares of Series A Preferred Stock owned on the dividend record date on an as-converted basis. /s/ Jay M. Grossman, Manager of ABRY Senior Equity Holdings V, LLC, the general partner of ABRY Senior Equity Investors V, L.P., the general partner of ABRY Senior Equity V, L.P. 2020-04-01