Form 4 for MSAI MultiSensor AI Holdings, Inc.
Accepted 2023-12-21 00:00:00 ET · period of report 2023-12-19 · accession 0001104659-23-128338 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-12-21 | 2023-12-19 | MSAI | Baird Peter W | CFO | A - Grant | — | +630.1K | 630.1K | New | — |
| DM | 2023-12-21 | 2023-12-19 | MSAI | Baird Peter W | CFO | A - Grant | — | +204.5K | 80.1K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-19 | A | A | 624,524 | — | 624,524 | D | — | — | (F3) Represents RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and does not expire. The RSUs vest on January 1, 2024. (F2) Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each option to purchase shares of Legacy ICH's common stock (other than any out of the money options) and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement. (F1) Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and |
| 2 | Common | Common Stock | 2023-12-19 | A | A | 5,608 | — | 630,132 | D | — | — | (F2) Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each option to purchase shares of Legacy ICH's common stock (other than any out of the money options) and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement. (F1) Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and |
| 3 | Derivative | Stock Option | 2023-12-19 | A | A | 68,089 | — | 68,089 | D | $5.83 · — to 2030-10-08 | 68,089 Common Stock | (F2) Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each option to purchase shares of Legacy ICH's common stock (other than any out of the money options) and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement. (F1) Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and (F4) The stock option is fully vested and exercisable. |
| 4 | Derivative | Stock Option | 2023-12-19 | A | A | 24,440 | — | 24,440 | D | $7.27 · — to 2031-12-06 | 24,440 Common Stock | (F2) Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each option to purchase shares of Legacy ICH's common stock (other than any out of the money options) and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement. (F1) Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and (F4) The stock option is fully vested and exercisable. |
| 5 | Derivative | Stock Option | 2023-12-19 | A | A | 31,861 | — | 31,861 | D | $7.27 · — to 2031-07-29 | 31,861 Common Stock | (F2) Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each option to purchase shares of Legacy ICH's common stock (other than any out of the money options) and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement. (F1) Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and (F4) The stock option is fully vested and exercisable. |
| 6 | Derivative | Stock Option | 2023-12-19 | A | A | 80,104 | — | 80,104 | D | $5.83 · — to 2031-01-17 | 80,104 Common Stock | (F2) Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each option to purchase shares of Legacy ICH's common stock (other than any out of the money options) and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement. (F1) Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and (F4) The stock option is fully vested and exercisable. |