CalAmp (CAMP) Form 4 CalAmp / KURTIS JOSEPH BINDER ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BINDER KURTIS JOSEPH

(Last) (First) (Middle)

C/O CALAMP CORP.,

15635 ALTON PARKWAY, SUITE 250

(Street)

IRVINE CA 92618

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CalAmp Corp. [ CAMP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2022

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/24/2022		F(1)		6,056	D	$4.39	189,343	D
Common Stock	07/24/2022		M		998	A	(2)	190,341	D
Common Stock	07/24/2022		F(3)		494	D	$4.39	189,847	D
Common Stock	07/25/2022		F(4)		3,073	D	$4.47	186,774	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	(2)	07/24/2022		M			998	(5)	(5)	Common Stock	998	$0.00	19,028(6)	D

Explanation of Responses:

1. On July 24, 2022, in connection with vesting of 12,216 shares of restricted stock held by the reporting person, CalAmp withheld 6,056 shares to pay withholding taxes of $26,585.84.

2. Performance stock units convert into common stock on a one-for-one basis.

3. On July 24, 2022, in connection with the vesting of 998 performance stock units held by the reporting person, CalAmp withheld 494 shares to pay statutory withholding taxes of $2,168.66.

4. On July 25, 2022, in connection with vesting of 6,200 shares of restricted stock held by the reporting person, CalAmp withheld 3,073 shares to pay withholding taxes of $13,736.31.

5. Performance stock units vested on July 24, 2022.

6. Performance stock units were originally granted on July 24, 2019. Final determination of any incremental issuable shares will be determined and approved on or before August 23, 2022, in accordance with the criteria and terms contained within the underlying performance stock agreement.

Remarks:

	Erik Schulz, Attorney-in-fact	07/26/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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