0001493152-23-000313.txt : 20230104 0001493152-23-000313.hdr.sgml : 20230104 20230104160548 ACCESSION NUMBER: 0001493152-23-000313 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221231 FILED AS OF DATE: 20230104 DATE AS OF CHANGE: 20230104 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: 23506301 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 2022-12-31 0 0001774170 PowerFleet, Inc. PWFL 0001690188 ABRY Senior Equity V, L.P. C/O ABRY PARTNERS II, LLC 888 BOYLSTON STREET, SUITE 1600 BOSTON, MA 02199 0 0 1 0 Series A Preferred Stock 2022-12-31 4 J 0 910.460 1000 A Common Stock, par value $0.01 per share 124397 49468.341 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 910.460 shares of Series A Preferred Stock (or 124,397 shares of Common Stock on an as-converted basis) as a payment-in-kind dividend on 48,557.881 shares of Series A Preferred Stock (or 6,634,497 shares of Common Stock on an as-converted basis) owned on the dividend record date. /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. 2023-01-04