AIOT

SEC source: 0001493152-20-014859 · ownership.xml · nonDerivative · entry 3

Mahlab David · CIK 0001786904 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 349,434

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by David Mahlab (the "Reporting Person").

F4 · price: The price reported is a weighted average price. These shares were sold in multiple transactions on August 6, 2020 at prices ranging from $6.17 to $6.49. The Reporting Person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

SEC source: 0001493152-20-014859 · ownership.xml · nonDerivative · entry 2

Mahlab David · CIK 0001786904 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 352,226

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by David Mahlab (the "Reporting Person").

F3 · price: The price reported is a weighted average price. These shares were sold in multiple transactions on August 5, 2020 at prices ranging from $6.00 to $6.25. The Reporting Person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

SEC source: 0001493152-20-014766 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,877

F1 · shares: 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.

SEC source: 0001493152-20-014859 · ownership.xml · nonDerivative · entry 1

Mahlab David · CIK 0001786904 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 370,162

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by David Mahlab (the "Reporting Person").

F2 · price: The price reported is a weighted average price. These shares were sold in multiple transactions on August 4, 2020 at prices ranging from $6.00 to $6.19. The Reporting Person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

SEC source: 0001493152-20-014639 · ownership.xml · nonDerivative · entry 1

Mahlab David · CIK 0001786904 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 399,434

F1 · kind: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by David Mahlab (the "Reporting Person").

F2 · price: The price reported is a weighted average price. These shares were sold in multiple transactions on August 3, 2020 at prices ranging from $5.50 to $5.68. The Reporting Person undertakes to provide upon request by the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

SEC source: 0001493152-20-014473 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 265,873

F1 · shares: On July 31, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 1,860 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in lieu of a cash payment to the Reporting Person as a result of an increase in the Reporting Person's base salary. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2020, provided that the Reporting Person is employed by the Company on such date.

F1 · price: On July 31, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 1,860 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in lieu of a cash payment to the Reporting Person as a result of an increase in the Reporting Person's base salary. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2020, provided that the Reporting Person is employed by the Company on such date.

SEC source: 0001493152-20-013217 · ownership.xml · nonDerivative · entry 1

Brodsky Michael · CIK 0001403388 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,329

F1 · shares: On July 10, 2020 (the "Grant Date"), Michael Brodsky (the "Reporting Person") was granted 34,770 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

F1 · price: On July 10, 2020 (the "Grant Date"), Michael Brodsky (the "Reporting Person") was granted 34,770 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

SEC source: 0001493152-20-013218 · ownership.xml · nonDerivative · entry 1

CASEY MICHAEL J · CIK 0001230101 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,875

F1 · shares: On July 10, 2020 (the "Grant Date"), Michael Casey (the "Reporting Person") was granted 28,842 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

F1 · price: On July 10, 2020 (the "Grant Date"), Michael Casey (the "Reporting Person") was granted 28,842 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

SEC source: 0001493152-20-013215 · ownership.xml · nonDerivative · entry 1

Frumberg Charles · CIK 0001314587 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,430

F1 · shares: On July 10, 2020 (the "Grant Date"), Charles Frumberg (the "Reporting Person") was granted 25,053 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

F1 · price: On July 10, 2020 (the "Grant Date"), Charles Frumberg (the "Reporting Person") was granted 25,053 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

SEC source: 0001493152-20-013216 · ownership.xml · nonDerivative · entry 1

Mahlab David · CIK 0001786904 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 449,434

F1 · shares: On July 10, 2020 (the "Grant Date"), David Mahlab (the "Reporting Person") was granted 25,053 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

F1 · price: On July 10, 2020 (the "Grant Date"), David Mahlab (the "Reporting Person") was granted 25,053 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as a director of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on July 10, 2021, provided that the Reporting Person is serving as a director of the Company on such date.

SEC source: 0000905718-20-000685 · powerfleet_fm4jun302020.xml · derivative · entry 1

ABRY Senior Equity V, L.P. · CIK 0001690188 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,250.851

Underlying: Common Stock, par value $0.01 per share · 111,277 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F2 · kind: The Reporting Person received 814.433 shares of Series A Preferred Stock (or 111,277 shares of Common Stock on an as-covered basis) as a payment-in-kind dividend on 43,436.418 shares of Series A Preferred Stock (or 5,934,748 shares of Common Stock on an as-covered basis) owned on the dividend record date.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

SEC source: 0001493152-20-012409 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 264,013

F1 · shares: On June 30, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 1,804 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in lieu of a cash payment to the Reporting Person as a result of an increase in the Reporting Person's base salary. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2020, provided that the Reporting Person is employed by the Company on such date.

F1 · price: On June 30, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 1,804 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in lieu of a cash payment to the Reporting Person as a result of an increase in the Reporting Person's base salary. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2020, provided that the Reporting Person is employed by the Company on such date.

SEC source: 0000905718-20-000683 · powerfleet_fm4jun302020.xml · derivative · entry 2

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 8,478.948

Underlying: Common Stock, par value $0.01 per share · 21,322 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F5 · kind: ASECF received 156.054 shares of Series A Preferred Stock (or 21,322 shares of Common Stock on an as-covered basis) as a payment-in-kind dividend on 8,322.894 shares of Series A Preferred Stock (or 1,137,163 shares of Common Stock on an as-covered basis) owned on the dividend record date.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F4 · ownership.nature: ASEH disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) of the Securities Exchange of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. Currently John Hunt ("Hunt"), a Managing Partner of ABRY Partners II, LLC ("ABRY Partners"), an affiliate of ASEH, and Anders Bjork ("Bjork"), a Partner of ABRY Partners, have been appointed to serve on the Issuer's board of directors. Each of Hunt and Bjork has no control or voting power over the securities held by ASE and ABRY Senior Equity Co-Investment Fund V, L.P. ("ASECF"). This report shall not be deemed an admission that any of ASEH, Hunt or Bjork is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any.

F6 · ownership.nature: These securities are held directly by ASECF. ASECI is the general partner of ASECF. ASEH is the sole member of ASECI. By virtue of such relationships, ASEH may be deemed to have voting and investment power with respect to the securities held by ASECF noted above and as a result may be deemed to have beneficial ownership over such securities.

SEC source: 0000905718-20-000683 · powerfleet_fm4jun302020.xml · derivative · entry 1

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 44,250.851

Underlying: Common Stock, par value $0.01 per share · 111,277 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F2 · kind: ABRY Senior Equity V, L.P. ("ASE") received 814.433 shares of Series A Preferred Stock (or 111,277 shares of Common Stock on an as-covered basis) as a payment-in-kind dividend on 43,436.418 shares of Series A Preferred Stock (or 5,934,748 shares of Common Stock on an as-covered basis) owned on the dividend record date.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F3 · ownership.nature: These securities are held directly by ASE. ABRY Senior Equity Investors V, L.P. ("ASEI") is the general partner of ASE. ABRY Senior Equity Holdings V, LLC ("ASEH") is the general partner of ASEI. By virtue of such relationships, ASEH may be deemed to have voting and investment power with respect to the securities held by ASE noted above and as a result may be deemed to have beneficial ownership over such securities.

F4 · ownership.nature: ASEH disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) of the Securities Exchange of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. Currently John Hunt ("Hunt"), a Managing Partner of ABRY Partners II, LLC ("ABRY Partners"), an affiliate of ASEH, and Anders Bjork ("Bjork"), a Partner of ABRY Partners, have been appointed to serve on the Issuer's board of directors. Each of Hunt and Bjork has no control or voting power over the securities held by ASE and ABRY Senior Equity Co-Investment Fund V, L.P. ("ASECF"). This report shall not be deemed an admission that any of ASEH, Hunt or Bjork is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any.

SEC source: 0001493152-20-010276 · ownership.xml · nonDerivative · entry 2

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,209

F2 · shares: On May 31, 2020, the Reporting Person was granted 8,865 restricted shares of Common Stock under the Company's 2018 Plan, in lieu of a cash payment to the Reporting Person as a result of an increase in the Reporting Person's base salary. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2020, provided that the Reporting Person is employed by the Company on such date.

F2 · price: On May 31, 2020, the Reporting Person was granted 8,865 restricted shares of Common Stock under the Company's 2018 Plan, in lieu of a cash payment to the Reporting Person as a result of an increase in the Reporting Person's base salary. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2020, provided that the Reporting Person is employed by the Company on such date.

SEC source: 0001493152-20-010275 · ownership.xml · derivative · entry 3

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,000

Underlying: Common Stock, par value $0.01 per share · 150,000 shares

Expires 2030-05-28

F3 · derivative.exercise_date: On the Grant Date, the Reporting Person was granted options to purchase 150,000 shares of Common Stock under the 2018 Plan, which options will vest and become exercisable in full immediately upon the 30 Day VWAP reaching $10.00, provided that the Reporting Person is employed by the Company on such date.

SEC source: 0001493152-20-010275 · ownership.xml · derivative · entry 2

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,000

Underlying: Common Stock, par value $0.01 per share · 150,000 shares

Expires 2030-05-28

F2 · derivative.exercise_date: On the Grant Date, the Reporting Person was granted options to purchase 150,000 shares of Common Stock under the 2018 Plan, which options will vest and become exercisable in full on December 31, 2022, provided that the Reporting Person is employed by the Company on such date, if at any point prior to such date the volume weighted average price of the Common Stock during a consecutive 30 trading day period (the "30 Day VWAP") reaches $12.00.

SEC source: 0001493152-20-010275 · ownership.xml · nonDerivative · entry 1

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 220,832

F1 · shares: On May 28, 2020 (the "Grant Date"), Ned Mavrommatis (the "Reporting Person") was granted 5,921 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for a temporary reduction in the Reporting Person's base salary for the remainder of the 2020 fiscal year. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2021, provided that the Reporting Person is employed by the Company on such date.

F1 · price: On May 28, 2020 (the "Grant Date"), Ned Mavrommatis (the "Reporting Person") was granted 5,921 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for a temporary reduction in the Reporting Person's base salary for the remainder of the 2020 fiscal year. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2021, provided that the Reporting Person is employed by the Company on such date.

SEC source: 0001493152-20-010276 · ownership.xml · derivative · entry 4

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 350,000

Underlying: Common Stock, par value $0.01 per share · 350,000 shares

Expires 2030-05-28

F4 · derivative.exercise_date: On the Grant Date, the Reporting Person was granted options to purchase 350,000 shares of Common Stock under the 2018 Plan, which options will vest and become exercisable in full immediately upon the 30 Day VWAP reaching $10.00, provided that the Reporting Person is employed by the Company on such date.

SEC source: 0001493152-20-010276 · ownership.xml · derivative · entry 3

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 350,000

Underlying: Common Stock, par value $0.01 per share · 350,000 shares

Expires 2030-05-28

F3 · derivative.exercise_date: On the Grant Date, the Reporting Person was granted options to purchase 350,000 shares of Common Stock under the 2018 Plan, which options will vest and become exercisable in full on December 31, 2022, provided that the Reporting Person is employed by the Company on such date, if at any point prior to such date the volume weighted average price of the Common Stock during a consecutive 30 trading day period (the "30 Day VWAP") reaches $12.00.

SEC source: 0001493152-20-010276 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 253,344

F1 · shares: On May 28, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 6,414 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for a temporary reduction in the Reporting Person's base salary for the remainder of the 2020 fiscal year. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2021, provided that the Reporting Person is employed by the Company on such date.

F1 · price: On May 28, 2020 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 6,414 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration for a temporary reduction in the Reporting Person's base salary for the remainder of the 2020 fiscal year. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award will vest in full on December 31, 2021, provided that the Reporting Person is employed by the Company on such date.

SEC source: 0000905718-20-000466 · ownership.xml · derivative · entry 1

ABRY Senior Equity V, L.P. · CIK 0001690188 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Series A Preferred Stock · Not disclosed shares

Expires not disclosed

F1 · derivative.exercise_price: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · kind: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · price: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · derivative.exercise_date: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · derivative.expiration_date: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · derivative.underlying_shares: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

SEC source: 0000905718-20-000464 · ownership.xml · derivative · entry 2

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By ABRY Senior Equity Co-Investment Fund V, L.P.

Disclosed balance after: 0

Underlying: Series A Preferred Stock · Not disclosed shares

Expires not disclosed

F2 · derivative.exercise_price: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $802,263.36 to, among other things, remove the conversion feature of the notes.

F2 · kind: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $802,263.36 to, among other things, remove the conversion feature of the notes.

F2 · price: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $802,263.36 to, among other things, remove the conversion feature of the notes.

F2 · derivative.exercise_date: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $802,263.36 to, among other things, remove the conversion feature of the notes.

F2 · derivative.expiration_date: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $802,263.36 to, among other things, remove the conversion feature of the notes.

F2 · derivative.underlying_shares: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $802,263.36 to, among other things, remove the conversion feature of the notes.

SEC source: 0000905718-20-000464 · ownership.xml · derivative · entry 1

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By ABRY Senior Equity V, L.P.

Disclosed balance after: 0

Underlying: Series A Preferred Stock · Not disclosed shares

Expires not disclosed

F1 · derivative.exercise_price: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · kind: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · price: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · derivative.exercise_date: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · derivative.expiration_date: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

F1 · derivative.underlying_shares: On May 13, 2020, the Issuer and the Reporting Person amended and restated the convertible promissory note in the aggregate principal amount of $4,186,936.64 to, among other things, remove the conversion feature of the note.

SEC source: 0000905718-20-000356 · ownership.xml · derivative · entry 1

ABRY Senior Equity V, L.P. · CIK 0001690188 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,436.418

Underlying: Common Stock, par value $0.01 per share · 109,228 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F2 · kind: The Reporting Person received 109,228 shares of Series A Preferred Stock as a payment-in-kind dividend on 5,825,520 shares of Series A Preferred Stock owned on the dividend record date on an as-converted basis.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

SEC source: 0000905718-20-000358 · powerfleet_fm4mar312020.xml · derivative · entry 2

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 8,322.894

Underlying: Common Stock, par value $0.01 per share · 20,929 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F5 · kind: ASECF received 20,929 shares of Series A Preferred Stock as a payment-in-kind dividend on 1,116,234 shares of Series A Preferred Stock owned on the dividend record date on an as-converted basis.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F4 · ownership.nature: ASEH disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) of the Securities Exchange of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. Currently John Hunt ("Hunt"), a Managing Partner of ABRY Partners II, LLC ("ABRY Partners"), an affiliate of ASEH, and Anders Bjork ("Bjork"), a Partner of ABRY Partners, have been appointed to serve on the Issuer's board of directors. Each of Hunt and Bjork has no control or voting power over the securities held by ASE and ABRY Senior Equity Co-Investment Fund V, L.P. ("ASECF"). This report shall not be deemed an admission that any of ASEH, Hunt or Bjork is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any.

F6 · ownership.nature: These securities are held directly by ASECF. ASECI is the general partner of ASECF. ASEH is the sole member of ASECI. By virtue of such relationships, ASEH may be deemed to have voting and investment power with respect to the securities held by ASECF noted above and as a result may be deemed to have beneficial ownership over such securities.

SEC source: 0000905718-20-000358 · powerfleet_fm4mar312020.xml · derivative · entry 1

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 43,436.418

Underlying: Common Stock, par value $0.01 per share · 109,228 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F2 · kind: ABRY Senior Equity V, L.P. ("ASE") received 109,228 shares of Series A Preferred Stock as a payment-in-kind dividend on 5,825,520 shares of Series A Preferred Stock owned on the dividend record date on an as-converted basis.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F3 · ownership.nature: These securities are held directly by ASE. ABRY Senior Equity Investors V, L.P. ("ASEI") is the general partner of ASE. ABRY Senior Equity Holdings V, LLC ("ASEH") is the general partner of ASEI. By virtue of such relationships, ASEH may be deemed to have voting and investment power with respect to the securities held by ASE noted above and as a result may be deemed to have beneficial ownership over such securities.

F4 · ownership.nature: ASEH disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) of the Securities Exchange of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. Currently John Hunt ("Hunt"), a Managing Partner of ABRY Partners II, LLC ("ABRY Partners"), an affiliate of ASEH, and Anders Bjork ("Bjork"), a Partner of ABRY Partners, have been appointed to serve on the Issuer's board of directors. Each of Hunt and Bjork has no control or voting power over the securities held by ASE and ABRY Senior Equity Co-Investment Fund V, L.P. ("ASECF"). This report shall not be deemed an admission that any of ASEH, Hunt or Bjork is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any.

SEC source: 0001493152-20-004712 · ownership.xml · nonDerivative · entry 1

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 214,911

F1 · shares: 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 Ned Mavrommatis, as permitted under the Company's 2015 Equity Compensation Plan.

SEC source: 0001493152-20-004369 · ownership.xml · nonDerivative · entry 2

Frumberg Charles · CIK 0001314587 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 1,502,559

F1 · shares: These shares were sold to satisfy a margin call by a broker, to whom these shares were pledged as collateral for a margin loan. As a result of the sales reported in this Form 4, the obligations under the margin loan have been satisfied in full and no shares of common stock, par value $0.01 per share, of PowerFleet, Inc. are pledged as collateral.

F2 · ownership.nature: These securities are directly held by (i) Emancipation Capital Master, Ltd. ("Emancipation Master") and (ii) Emancipation Capital SPV IV LLC ("Emancipation SPV IV"). Emancipation Management LLC ("Emancipation Management") serves as the investment manager of Emancipation Master and Emancipation SPV IV. Emancipation Capital LLC ("Emancipation Capital") is the managing member of Emancipation SPV IV. Charles Frumberg (the "Reporting Person") is the managing member of Emancipation Management and Emancipation Capital. By virtue of the foregoing relationships, the Reporting Person may be deemed to indirectly beneficially own the securities directly held by Emancipation Master and Emancipation SPV IV. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

SEC source: 0001493152-20-004369 · ownership.xml · nonDerivative · entry 1

Frumberg Charles · CIK 0001314587 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 1,556,740

F1 · shares: These shares were sold to satisfy a margin call by a broker, to whom these shares were pledged as collateral for a margin loan. As a result of the sales reported in this Form 4, the obligations under the margin loan have been satisfied in full and no shares of common stock, par value $0.01 per share, of PowerFleet, Inc. are pledged as collateral.

F2 · ownership.nature: These securities are directly held by (i) Emancipation Capital Master, Ltd. ("Emancipation Master") and (ii) Emancipation Capital SPV IV LLC ("Emancipation SPV IV"). Emancipation Management LLC ("Emancipation Management") serves as the investment manager of Emancipation Master and Emancipation SPV IV. Emancipation Capital LLC ("Emancipation Capital") is the managing member of Emancipation SPV IV. Charles Frumberg (the "Reporting Person") is the managing member of Emancipation Management and Emancipation Capital. By virtue of the foregoing relationships, the Reporting Person may be deemed to indirectly beneficially own the securities directly held by Emancipation Master and Emancipation SPV IV. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

SEC source: 0001493152-20-002936 · ownership.xml · nonDerivative · entry 1

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 216,650

F1 · shares: 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 Ned Mavrommatis, as permitted under as permitted under the Company's 2015 Equity Compensation Plan.

SEC source: 0001493152-20-002933 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 246,930

F1 · shares: 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.

SEC source: 0001493152-20-002727 · ownership.xml · nonDerivative · entry 1

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 222,905

F1 · shares: 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 Ned Mavrommatis, as permitted under the Company's 2007 Equity Compensation Plan.

SEC source: 0001493152-21-019232 · form4.xml · derivative · entry 2

Mahlab David · CIK 0001786904 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock, par value $0.01 per share · 66,684 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company").

F2 · derivative.exercise_price: This transaction represents the settlement of RSUs in shares of Common Stock, which RSUs became fully vested as of January 31, 2020, pursuant to that certain Termination of Employment by Mutual Consent Agreement the Company entered into with the Reporting Person.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company").

F2 · derivative.exercise_date: This transaction represents the settlement of RSUs in shares of Common Stock, which RSUs became fully vested as of January 31, 2020, pursuant to that certain Termination of Employment by Mutual Consent Agreement the Company entered into with the Reporting Person.

F2 · derivative.expiration_date: This transaction represents the settlement of RSUs in shares of Common Stock, which RSUs became fully vested as of January 31, 2020, pursuant to that certain Termination of Employment by Mutual Consent Agreement the Company entered into with the Reporting Person.

SEC source: 0001493152-21-019232 · form4.xml · nonDerivative · entry 1

Mahlab David · CIK 0001786904 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 516,118

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company").

F2 · price: This transaction represents the settlement of RSUs in shares of Common Stock, which RSUs became fully vested as of January 31, 2020, pursuant to that certain Termination of Employment by Mutual Consent Agreement the Company entered into with the Reporting Person.

SEC source: 0001493152-20-000359 · ownership.xml · nonDerivative · entry 1

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 225,095

F1 · shares: 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 Ned Mavrommatis, as permitted under the Company's 2018 Incentive Plan, as amended.

SEC source: 0001493152-20-000360 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 251,084

F1 · shares: 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 2018 Incentive Plan, as amended.

SEC source: 0000905718-20-000008 · powerfleet_fm4dec312019.xml · derivative · entry 1

ABRY Senior Equity V, L.P. · CIK 0001690188 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,636,975

Underlying: Common Stock, par value $0.01 per share · 104,880 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F2 · kind: The Reporting Person received 104,880 shares of Series A Preferred Stock as a payment-in-kind dividend on 5,720,640 shares of Series A Preferred Stock owned on the dividend record date on an as-converted basis.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

SEC source: 0000905718-20-000010 · powerfleet_fm4dec312019.xml · derivative · entry 2

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 8,169,712

Underlying: Common Stock, par value $0.01 per share · 20,096 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F5 · kind: ASECF received 20,096 shares of Series A Preferred Stock as a payment-in-kind dividend on 1,096,138 shares of Series A Preferred Stock owned on the dividend record date on an as-converted basis.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F4 · ownership.nature: ASEH disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) of the Securities Exchange of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. Currently John Hunt ("Hunt"), a Managing Partner of ABRY Partners II, LLC ("ABRY Partners"), an affiliate of ASEH, and Anders Bjork ("Bjork"), a Partner of ABRY Partners, have been appointed to serve on the Issuer's board of directors. Each of Hunt and Bjork has no control or voting power over the securities held by ASE and ABRY Senior Equity Co-Investment Fund V, L.P. ("ASECF"). This report shall not be deemed an admission that any of ASEH, Hunt or Bjork is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any.

F6 · ownership.nature: These securities are held directly by ASECF. ASECI is the general partner of ASECF. ASEH is the sole member of ASECI. By virtue of such relationships, ASEH may be deemed to have voting and investment power with respect to the securities held by ASECF noted above and as a result may be deemed to have beneficial ownership over such securities.

SEC source: 0000905718-20-000010 · powerfleet_fm4dec312019.xml · derivative · entry 1

ABRY Senior Equity Holdings V, LLC · CIK 0001790054 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 42,636,975

Underlying: Common Stock, par value $0.01 per share · 92,962 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F2 · kind: ABRY Senior Equity V, L.P. ("ASE") received 104,880 shares of Series A Preferred Stock as a payment-in-kind dividend on 5,720,640 shares of Series A Preferred Stock owned on the dividend record date on an as-converted basis.

F1 · derivative.exercise_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F1 · derivative.expiration_date: Each share of Series A Preferred Stock is convertible at any time, at the option of the holder, into a number of shares of common stock, par value $0.01 per share, of the Issuer determined by dividing the issue price of the Series A Preferred Stock ($1,000 per share) (the "Issue Price"), plus any accrued and unpaid dividends, by the Series A Conversion Price at the time of conversion. The initial Series A Conversion Price is equal to $7.319, and is subject to adjustment. The Series A Preferred Stock has no expiration date.

F3 · ownership.nature: These securities are held directly by ASE. ABRY Senior Equity Investors V, L.P. ("ASEI") is the general partner of ASE. ABRY Senior Equity Holdings V, LLC ("ASEH") is the general partner of ASEI. By virtue of such relationships, ASEH may be deemed to have voting and investment power with respect to the securities held by ASE noted above and as a result may be deemed to have beneficial ownership over such securities.

F4 · ownership.nature: ASEH disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) of the Securities Exchange of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. Currently John Hunt ("Hunt"), a Managing Partner of ABRY Partners II, LLC ("ABRY Partners"), an affiliate of ASEH, and Anders Bjork ("Bjork"), a Partner of ABRY Partners, have been appointed to serve on the Issuer's board of directors. Each of Hunt and Bjork has no control or voting power over the securities held by ASE and ABRY Senior Equity Co-Investment Fund V, L.P. ("ASECF"). This report shall not be deemed an admission that any of ASEH, Hunt or Bjork is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any.

SEC source: 0001493152-19-018926 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 252,380

F1 · shares: 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 2018 Incentive Plan, as amended.

SEC source: 0001493152-19-016634 · ownership.xml · derivative · entry 2

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,091

Underlying: Common stock, par value $0.01 per share · 109,091 shares

Expires 2029-11-05

F2 · price: On the Grant Date, the Reporting Person was granted options to purchase 109,091 shares of Common Stock under the 2018 Plan in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

F2 · derivative.exercise_date: On the Grant Date, the Reporting Person was granted options to purchase 109,091 shares of Common Stock under the 2018 Plan in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

SEC source: 0001493152-19-016634 · ownership.xml · nonDerivative · entry 1

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,404

F1 · shares: On November 5, 2019 (the "Grant Date"), Ned Mavrommatis (the "Reporting Person") was granted 27,273 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

F1 · price: On November 5, 2019 (the "Grant Date"), Ned Mavrommatis (the "Reporting Person") was granted 27,273 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

SEC source: 0001493152-19-016630 · ownership.xml · derivative · entry 2

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 157,576

Underlying: Common Stock, par value $0.01 per share · 157,576 shares

Expires 2029-11-05

F2 · price: On the Grant Date, the Reporting Person was granted options to purchase 157,576 shares of Common Stock under the 2018 Plan in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

F2 · derivative.exercise_date: On the Grant Date, the Reporting Person was granted options to purchase 157,576 shares of Common Stock under the 2018 Plan in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

SEC source: 0001493152-19-016630 · ownership.xml · nonDerivative · entry 1

WOLFE CHRIS ADAMS · CIK 0001681268 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 255,424

F1 · shares: On November 5, 2019 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 39,394 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

F1 · price: On November 5, 2019 (the "Grant Date"), Chris A. Wolfe (the "Reporting Person") was granted 39,394 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

SEC source: 0001493152-19-016632 · ownership.xml · derivative · entry 2

Mahlab David · CIK 0001786904 · Director · CEO International

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 191,878

Underlying: Common Stock, par value $0.01 per share · 191,878 shares

Expires 2029-11-05

F2 · price: On the Grant Date, the Reporting Person was granted options to purchase 191,878 shares of Common Stock under the 2018 Plan in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

F2 · derivative.exercise_date: On the Grant Date, the Reporting Person was granted options to purchase 191,878 shares of Common Stock under the 2018 Plan in consideration of his services as an officer of the Company. These options vest in equal increments over a four-year period commencing on the Grant Date, such that 25% of the options will vest on the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

SEC source: 0001493152-19-016632 · ownership.xml · nonDerivative · entry 1

Mahlab David · CIK 0001786904 · Director · CEO International

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 424,381

F1 · shares: On November 5, 2019 (the "Grant Date"), David Mahlab (the "Reporting Person") was granted 47,970 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

F1 · price: On November 5, 2019 (the "Grant Date"), David Mahlab (the "Reporting Person") was granted 47,970 restricted shares of common stock, par value $0.01 per share ("Common Stock"), of PowerFleet, Inc. (the "Company") under the Company's 2018 Incentive Plan, as amended (the "2018 Plan"), in consideration of his services as an officer of the Company. Subject to the terms and conditions of a restricted stock award agreement and the 2018 Plan, this award vests as to 25% of such shares on each of the first, second, third and fourth anniversaries of the Grant Date, provided that the Reporting Person is employed by the Company on each such date.

SEC source: 0001493152-19-015056 · ownership.xml · derivative · entry 7

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Common Stock, par value $0.01 per share · 100,000 shares

Expires 2029-01-30

F1 · kind: Common stock of PowerFleet, Inc., a Delaware corporation ("PowerFleet"), was acquired pursuant to the consummation of the transactions (the "Transactions") contemplated by (i) the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 13, 2019, by and among I.D. Systems, Inc., a Delaware corporation ("I.D. Systems"), PowerFleet, Pointer Telocation Ltd., a public company limited by shares formed under the laws of the State of Israel ("Pointer"), Powerfleet Israel Holding Company Ltd., a private company limited by shares formed under the laws of the State of Israel and a wholly-owned subsidiary of PowerFleet ("Pointer Holdco"), and Powerfleet Israel Acquisition Company Ltd., a private company limited by shares formed under the laws of the State of Israel and a wholly-owned subsidiary of Pointer Holdco ("Pointer Merger Sub") (continued in following footnote)

F2 · kind: (continued from previous footnote) and (ii) the Investment and Transaction Agreement, dated as of March 13, 2019, (as amended, the "Investment Agreement"), by and among I.D. Systems, PowerFleet, PowerFleet US Acquisition Inc., a Delaware corporation and wholly-owned subsidiary of PowerFleet prior to the Transactions ("I.D. Systems Merger Sub"), and ABRY Senior Equity V, L.P. and ABRY Senior Equity Co-Investment Fund V, L.P. (collectively, the "Investors"), affiliates of ABRY Partners II, LLC, pursuant to which, at the applicable effective time of each such merger on October 3, 2019, (1) I.D. Systems reorganized into a new holding company structure by merging I.D. Systems Merger Sub with and into I.D. Systems, with I.D. Systems surviving as a direct, wholly-owned subsidiary of PowerFleet (the "I.D. Systems Merger"), (continued in following footnote)

F3 · kind: (continued from previous footnote) and (2) Pointer Merger Sub merged with and into Pointer, with Pointer surviving as a direct, wholly-owned subsidiary of Pointer Holdco and an indirect, wholly-owned subsidiary of PowerFleet. As a result of the Transactions, PowerFleet became a publicly traded corporation, and former I.D. Systems stockholders and former Pointer shareholders now own common stock of PowerFleet. In the I.D. Systems Merger, each share of I.D. Systems common stock, par value $0.01 per share ("I.D. Systems Common Stock"), was exchanged for one share of common stock, par value $0.01 per share, of PowerFleet ("PowerFleet Common Stock"). The closing price per share of I.D. Systems Common Stock on October 2, 2019 (the last trading day prior to the date of the effective time of the I.D. Systems Merger (the "I.D. Systems Merger Effective Time")) was $5.40.

F5 · price: In accordance with the terms of the Investment Agreement, each stock option of I.D. Systems that was outstanding immediately prior to the I.D. Systems Merger Effective Time (whether or not vested) was converted automatically into a stock option to purchase an identical number of shares of PowerFleet Common Stock, on the same terms and conditions as applied to such option immediately prior to the I.D. Systems Merger Effective Time.

F10 · derivative.exercise_date: None of these options were vested at the I.D. Systems Merger Effective Time. These options were assumed by PowerFleet in the I.D. Systems Merger and converted into options to purchase an identical number of shares of PowerFleet Common Stock for $6.08 per share and will vest in four equal installments on January 30, 2020, January 30, 2021, January 30, 2022 and January 30, 2023.

SEC source: 0001493152-19-015056 · ownership.xml · derivative · entry 6

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Common Stock, par value $0.01 per share · 50,000 shares

Expires 2027-02-17

F1 · kind: Common stock of PowerFleet, Inc., a Delaware corporation ("PowerFleet"), was acquired pursuant to the consummation of the transactions (the "Transactions") contemplated by (i) the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 13, 2019, by and among I.D. Systems, Inc., a Delaware corporation ("I.D. Systems"), PowerFleet, Pointer Telocation Ltd., a public company limited by shares formed under the laws of the State of Israel ("Pointer"), Powerfleet Israel Holding Company Ltd., a private company limited by shares formed under the laws of the State of Israel and a wholly-owned subsidiary of PowerFleet ("Pointer Holdco"), and Powerfleet Israel Acquisition Company Ltd., a private company limited by shares formed under the laws of the State of Israel and a wholly-owned subsidiary of Pointer Holdco ("Pointer Merger Sub") (continued in following footnote)

F2 · kind: (continued from previous footnote) and (ii) the Investment and Transaction Agreement, dated as of March 13, 2019, (as amended, the "Investment Agreement"), by and among I.D. Systems, PowerFleet, PowerFleet US Acquisition Inc., a Delaware corporation and wholly-owned subsidiary of PowerFleet prior to the Transactions ("I.D. Systems Merger Sub"), and ABRY Senior Equity V, L.P. and ABRY Senior Equity Co-Investment Fund V, L.P. (collectively, the "Investors"), affiliates of ABRY Partners II, LLC, pursuant to which, at the applicable effective time of each such merger on October 3, 2019, (1) I.D. Systems reorganized into a new holding company structure by merging I.D. Systems Merger Sub with and into I.D. Systems, with I.D. Systems surviving as a direct, wholly-owned subsidiary of PowerFleet (the "I.D. Systems Merger"), (continued in following footnote)

F3 · kind: (continued from previous footnote) and (2) Pointer Merger Sub merged with and into Pointer, with Pointer surviving as a direct, wholly-owned subsidiary of Pointer Holdco and an indirect, wholly-owned subsidiary of PowerFleet. As a result of the Transactions, PowerFleet became a publicly traded corporation, and former I.D. Systems stockholders and former Pointer shareholders now own common stock of PowerFleet. In the I.D. Systems Merger, each share of I.D. Systems common stock, par value $0.01 per share ("I.D. Systems Common Stock"), was exchanged for one share of common stock, par value $0.01 per share, of PowerFleet ("PowerFleet Common Stock"). The closing price per share of I.D. Systems Common Stock on October 2, 2019 (the last trading day prior to the date of the effective time of the I.D. Systems Merger (the "I.D. Systems Merger Effective Time")) was $5.40.

F5 · price: In accordance with the terms of the Investment Agreement, each stock option of I.D. Systems that was outstanding immediately prior to the I.D. Systems Merger Effective Time (whether or not vested) was converted automatically into a stock option to purchase an identical number of shares of PowerFleet Common Stock, on the same terms and conditions as applied to such option immediately prior to the I.D. Systems Merger Effective Time.

F9 · derivative.exercise_date: 50% of these options were vested at the I.D. Systems Merger Effective Time. These options were assumed by PowerFleet in the I.D. Systems Merger and converted into options to purchase an identical number of shares of PowerFleet Common Stock for $6.00 per share, with the remaining 50% of these options vesting in two equal installments on February 17, 2020 and February 17, 2021.

SEC source: 0001493152-19-015056 · ownership.xml · derivative · entry 5

MAVROMMATIS NED · CIK 0001113291 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,000

Underlying: Common Stock, par value $0.01 per share · 30,000 shares

Expires 2026-03-24

F1 · kind: Common stock of PowerFleet, Inc., a Delaware corporation ("PowerFleet"), was acquired pursuant to the consummation of the transactions (the "Transactions") contemplated by (i) the Agreement and Plan of Merger (the "Merger Agreement"), dated as of March 13, 2019, by and among I.D. Systems, Inc., a Delaware corporation ("I.D. Systems"), PowerFleet, Pointer Telocation Ltd., a public company limited by shares formed under the laws of the State of Israel ("Pointer"), Powerfleet Israel Holding Company Ltd., a private company limited by shares formed under the laws of the State of Israel and a wholly-owned subsidiary of PowerFleet ("Pointer Holdco"), and Powerfleet Israel Acquisition Company Ltd., a private company limited by shares formed under the laws of the State of Israel and a wholly-owned subsidiary of Pointer Holdco ("Pointer Merger Sub") (continued in following footnote)

F2 · kind: (continued from previous footnote) and (ii) the Investment and Transaction Agreement, dated as of March 13, 2019, (as amended, the "Investment Agreement"), by and among I.D. Systems, PowerFleet, PowerFleet US Acquisition Inc., a Delaware corporation and wholly-owned subsidiary of PowerFleet prior to the Transactions ("I.D. Systems Merger Sub"), and ABRY Senior Equity V, L.P. and ABRY Senior Equity Co-Investment Fund V, L.P. (collectively, the "Investors"), affiliates of ABRY Partners II, LLC, pursuant to which, at the applicable effective time of each such merger on October 3, 2019, (1) I.D. Systems reorganized into a new holding company structure by merging I.D. Systems Merger Sub with and into I.D. Systems, with I.D. Systems surviving as a direct, wholly-owned subsidiary of PowerFleet (the "I.D. Systems Merger"), (continued in following footnote)

F3 · kind: (continued from previous footnote) and (2) Pointer Merger Sub merged with and into Pointer, with Pointer surviving as a direct, wholly-owned subsidiary of Pointer Holdco and an indirect, wholly-owned subsidiary of PowerFleet. As a result of the Transactions, PowerFleet became a publicly traded corporation, and former I.D. Systems stockholders and former Pointer shareholders now own common stock of PowerFleet. In the I.D. Systems Merger, each share of I.D. Systems common stock, par value $0.01 per share ("I.D. Systems Common Stock"), was exchanged for one share of common stock, par value $0.01 per share, of PowerFleet ("PowerFleet Common Stock"). The closing price per share of I.D. Systems Common Stock on October 2, 2019 (the last trading day prior to the date of the effective time of the I.D. Systems Merger (the "I.D. Systems Merger Effective Time")) was $5.40.

F5 · price: In accordance with the terms of the Investment Agreement, each stock option of I.D. Systems that was outstanding immediately prior to the I.D. Systems Merger Effective Time (whether or not vested) was converted automatically into a stock option to purchase an identical number of shares of PowerFleet Common Stock, on the same terms and conditions as applied to such option immediately prior to the I.D. Systems Merger Effective Time.

F8 · derivative.exercise_date: 75% of these options were vested at the I.D. Systems Merger Effective Time. These options were assumed by PowerFleet in the I.D. Systems Merger and converted into options to purchase an identical number of shares of PowerFleet Common Stock for $4.37 per share, with the remaining 25% of these options vesting on March 24, 2020.