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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 7/1/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 854800 |
| Issuer Name: MICT, Inc. |
| Issuer Trading Symbol: MICT |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1793944 |
| | Owner Name: Scott John McMillan |
| Reporting Owner Address: |
| | Owner Street 1: 28 WEST GRAND AVENUE, |
| | Owner Street 2: SUITE 3 |
| | Owner City: MONTVALE |
| | Owner State: NJ |
| | Owner ZIP Code: 07645 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 7/1/20 |
| | | Footnote ID: F1 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 100,000 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 100,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Option (right to buy) |
| | Conversion or Exercise Price: |
| | | Value: 1.41 |
| | Transaction Date: |
| | | Value: 7/1/20 |
| | | Footnote ID: F2 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 100,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Value: 7/1/20 |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Value: 10/1/21 |
| | | Footnote ID: F2 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 100,000 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 100,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: 50,000 shares vested on July 1, 2020 upon the closing (the "Closing") of the transactions contemplated by the Amended and Restated Agreement and Plan of Merger by and among the Company, MICT Merger Subsidiary, Inc., GFH Intermediate Holdings Ltd. and Global Fintech Holdings, Ltd., dated April 15, 2020 ("Merger Transaction") and the remaining 50,000 shares shall vest on January 1, 2021, so long as Mr. Scott continues to serve as a director of the Company on such date. |
| Footnote - F2: The option vested in full on July 1, 2020 upon the Closing of the Merger Transaction. The option shall terminate on October 1, 2021, fifteen (15) months from the Closing of the Merger Transaction. |
| Owner Signature: |
| Signature Name: /s/ John McMillan Scott |
| Signature Date: 7/7/20 |
