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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 8/4/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1774170 |
| Issuer Name: PowerFleet, Inc. |
| Issuer Trading Symbol: PWFL |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1681268 |
| | Owner Name: WOLFE CHRIS ADAMS |
| Reporting Owner Address: |
| | Owner Street 1: C/O POWERFLEET, INC. |
| | Owner Street 2: 123 TICE BOULEVARD |
| | Owner City: WOODCLIFF LAKE |
| | Owner State: NJ |
| | Owner ZIP Code: 07677 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Executive Officer |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.01 per share |
| | Transaction Date: |
| | | Value: 8/4/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,996 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 5.95 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 262,877 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: These shares of common stock, par value $0.01 per share, of PowerFleet, Inc. (the "Company") were withheld by the Company to satisfy tax withholding obligations upon the vesting of a restricted stock award previously made to Chris A. Wolfe, as permitted under the Company's 2015 Equity Compensation Plan. |
Owner Signature: |
| Signature Name: /s/ Ned Mavrommatis, as Attorney-In-Fact for Chris A. Wolfe |
| Signature Date: 8/5/20 |