# EDGAR Filing Document

**Accession Number:** 0001576914
**File Stem:** 0001104659-23-029401
**Filing Date:** 2023-3
**Character Count:** 7329
**Document Hash:** 356aaa754008060e318a2c076d37973c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-029401.hdr.sgml**: 20230307

**ACCESSION NUMBER**: 0001104659-23-029401

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230303

**FILED AS OF DATE**: 20230307

**DATE AS OF CHANGE**: 20230307

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Joselowitz Stefan B
- **CENTRAL INDEX KEY:** 0001809252

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36027
- **FILM NUMBER:** 23711589

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 12326
- **STREET 2:** VORNA VALLEY
- **CITY:** JOHANNESBURG
- **STATE:** T3
- **ZIP:** 1686
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MiX Telematics Ltd
- **CENTRAL INDEX KEY:** 0001576914
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** T3
- **FISCAL YEAR END:** 0331

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 12326
- **STREET 2:** VORNA VALLEY
- **CITY:** JOHANNESBURG
- **STATE:** T3
- **ZIP:** 1686
- **BUSINESS PHONE:** 27-11-654-8279

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 12326
- **STREET 2:** VORNA VALLEY
- **CITY:** JOHANNESBURG
- **STATE:** T3
- **ZIP:** 1686

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Joselowitz Stefan B<br><sub>(Last) (First) (Middle)</sub><br>HOWICK CLOSE, WATERFALL PARK<br>BEKKER ROAD<br><sub>(Street)</sub><br>MIDRAND, SOUTH AFRICA, T3 1686<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-03 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>MiX Telematics Ltd [ MIXT ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Ordinary Shares | 2023-03-03 |  | M |  | 556286<sup>(1)</sup> | A | 0.26<sup>(2)</sup> | 20055865 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Appreciation Rights | 0.26<sup>(2)</sup> | 2023-03-03 |  | M |  | 1100000 |  | <sup>(3)</sup> | <sup>(3)</sup> | Ordinary Shares | 556286<sup>(4)</sup> | $0 | 0 | D |  |

---

### Footnotes:

(1) Shareholders are advised of the following information relating to dealings in securities by a director of MiX Telematics relating to the exercise of share appreciation rights ("SARs") under the MiX Telematics Limited Long-Term Incentive Plan ("LTIP"). Stefan Joselowitz is exercising 1 100 000 SARS, equating to 556 286 ordinary shares, granted to him under the LTIP as set out in the table below, and his intention is to retain these shares, thereby increasing his direct beneficial shareholding in MiX Telematics to 802 235 American Depositary Shares (equivalent to 20 055 865 ordinary shares). He will be paying the associated costs of this transaction out of pocket.

(2) For purposes of this table, the award price has been converted, based on the South African Rand/U.S. dollar exchange rate in effect as of grant date.

(3) The Stock Appreciation Rights time vest in 25% tranches beginning on the second anniversary of the grant date subject to the executive's continued employment, provided, however, that the grant is also subject to a performance based condition that a minimum total shareholder return of 10% must be achieved prior to the date that the grant expires. These Stock Appreciation Rights were granted on May 30, 2017 and expire on May 30, 2023.

(4) 1,100,000 Stock Appreciation Rights were exercised equating to 556,286 ordinary shares (equivalent to 22,251 ADRs) based on an intrinsic value of 3.54 Rand (equivalent to $0.19) and an exercise price of 7.00 Rand (equivalent to $0.39). The conversion prices reflects the approximate U.S. dollar conversion rate of R18.1656 as of March 3, 2023.

**Signature:** /s/ Joselowitz Stefan B, by Paul M. Dell, as Attorney-in-Fact  
**Date:** 2023-03-07

### Remarks:

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**