Form 4 for MSAI MultiSensor AI Holdings, Inc.
Accepted 2024-04-08 00:00:00 ET · period of report 2024-03-31 · accession 0001104659-24-044719 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-04-08 | 2024-03-31 | MSAI | Strahan Gary Eugene | CEO, Dir, 10% | C - Cnv Deriv | — | +205.1K | 305.1K | +205% | — |
| DI | 2024-04-08 | 2024-03-31 | MSAI | Strahan Gary Eugene | CEO, Dir, 10% | D - Sale to Iss | — | 0 | 0 | New | — |
| DI | 2024-04-08 | 2024-03-31 | MSAI | Strahan Gary Eugene | CEO, Dir, 10% | A - Grant | — | 0 | 1.00M | New | — |
| DI | 2024-04-08 | 2024-03-31 | MSAI | Strahan Gary Eugene | CEO, Dir, 10% | C - Cnv Deriv | — | 0 | 0 | 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 | 2024-03-31 | C | A | 205,079 | — | 305,079 | I By Trust | — | — | (F1) On March 31, 2024, the Trust (defined below) acquired 205,079 shares of Common Stock from the Issuer pursuant to the conversion of a promissory note with an aggregate principal balance of $1,000,000. The conversion was structured to comply with the provisions of Rule 16b-3(d) promulgated under the Securities Exchange Act of 1934, as amended. Mr. Strahan disclaims beneficial ownership of the securities held by the Trust except to the extent of his pecuniary interest therein, if any. The promissory note converted into shares of common stock at a price of $5.00 per share for the outstanding principal amount, and $10.00 per share for the accrued but unpaid interest. (F2) Represents shares held by the Jill A. Blashack Revocable Trust U/A May 8, 2004, as amended and restated (the "Trust"), of which Jill A. Blashack Strahan, the wife of Gary Strahan, is trustee. |
| 2 | Derivative | Convertible Promissory Note | 2024-03-31 | D | D | — | — | 0 | I By Trust | $10.00 · 2023-12-19 to 2026-12-19 | 100,000 Common Stock | (F3) Represents an amendment to the exercise price of the convertible promissory note. (F2) Represents shares held by the Jill A. Blashack Revocable Trust U/A May 8, 2004, as amended and restated (the "Trust"), of which Jill A. Blashack Strahan, the wife of Gary Strahan, is trustee. |
| 3 | Derivative | Convertible Promissory Note | 2024-03-31 | A | A | — | — | 1,000,000 | I By Trust | $5.00 · 2023-12-19 to 2026-12-19 | 205,079 Common Stock | (F3) Represents an amendment to the exercise price of the convertible promissory note. (F2) Represents shares held by the Jill A. Blashack Revocable Trust U/A May 8, 2004, as amended and restated (the "Trust"), of which Jill A. Blashack Strahan, the wife of Gary Strahan, is trustee. |
| 4 | Derivative | Convertible Promissory Note | 2024-03-31 | C | D | — | $0.00 | 0 | I By Trust | $5.00 · 2023-12-19 to 2026-12-19 | 205,079 Common Stock | (F2) Represents shares held by the Jill A. Blashack Revocable Trust U/A May 8, 2004, as amended and restated (the "Trust"), of which Jill A. Blashack Strahan, the wife of Gary Strahan, is trustee. |