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
  1. Each restricted stock unit represents the right to receive at settlement, one share of common stock.
  2. 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.
  3. The restricted stock unit was granted on March 23, 2021 and vests on January 31, 2022 upon attainment of certain performance targets.
  4. 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.