Form 4 for AIOT Powerfleet, Inc.

Accepted 2024-06-03 00:00:00 ET · period of report 2024-05-16 · accession 0001493152-24-022391 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2024-06-03	2024-05-16	AIOT	Brodsky Michael	Dir	A - Grant	$0.00	+18.0K	275.2K	+7%	$0
D	2024-06-03	2024-05-16	AIOT	Brodsky Michael	Dir	A - Grant	$0.00	+35.9K	35.9K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, par value $0.01 per share	2024-05-16	A	A	18,028	$0.00	275,206	D	—	—	(F1) On May 16, 2024 (the "Grant Date"), the reporting person was granted 18,028 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of Powerfleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on the first anniversary of the Grant Date, provided that the reporting person is serving as a director of the Company on such date.
2	Derivative	Stock options (right to buy)	2024-05-16	A	A	35,920	$0.00	35,920	D	$5.45 · — to 2034-05-16	35,920 Common Stock, par value $0.01 per share	(F3) On the Grant Date, the reporting person was granted options to purchase 35,920 shares of Common Stock under the 2018 Plan, in consideration of his services as a director of the Company. These options vest in equal installments on the last day of each fiscal quarter over a period of 10 fiscal quarters following the Grant Date, provided that the reporting person is serving as a director of the Company on each such date.