Filing Details
- Accession Number:
- 0001493152-21-006868
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-25 21:30:40
- Reporting Period:
- 2021-03-23
- Accepted Time:
- 2021-03-25 21:30:40
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1582982 | Mtbc Inc. | MTBC | Services-Prepackaged Software (7372) | 223832302 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1610976 | Bill Korn | 61 Darren Drive Basking Ridge NJ 07920 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Series A Cum Redeemable Perp Pref Stock [Mtbcp] | Disposition | 2021-03-25 | 12,700 | $27.45 | 11,800 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Acquisiton | 2021-03-23 | 30,000 | $0.00 | 30,000 | $0.00 |
| Series A Cumulative Redeemable Perpetual Preferred Stock | Restricted Stock Unit | Acquisiton | 2021-03-23 | 12,000 | $0.00 | 12,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 30,000 | No | 4 | A | Direct | ||
| 12,000 | No | 4 | A | Direct |
Footnotes
- Each restricted stock unit represents the right to receive at settlement, one share of common stock.
- The restricted stock unit was granted on March 23, 2021 and vests in four equal installments on September 23, 2021, March 23, 2022, September 23, 2022 and March 23, 3023.
- The restricted stock unit was granted on March 23, 2021 and vests on January 31, 2022 upon attainment of certain performance targets.
- The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.25 to $27.67, inclusive. The reporting person undertakes to provide to any security holder of MTBC, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
Billionaire Hedge Funds
