Form 4 for MDAI Spectral AI, Inc.
Accepted 2023-09-13 00:00:00 ET · period of report 2023-09-11 · accession 0001213900-23-076421 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-09-13 | 2023-09-11 | MDAI | Fan Wensheng | CEO, Dir | J - Other | — | +145.5K | 145.5K | New | — |
| DM | 2023-09-13 | 2023-09-11 | MDAI | Fan Wensheng | CEO, Dir | J - Other | — | +1.74M | 1.65M | 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 | 2023-09-11 | J | A | 145,489 | — | 145,489 | D | — | — | (F2) The Reporting Person received these shares of Common Stock in connection with the Closing for no additional consideration. |
| 2 | Derivative | INCENTIVE STOCK OPTION | 2023-09-11 | J | A | 22,043 | — | 1,673,640 | D | $4.54 · — to 2033-04-13 | 22,043 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F10) These options vest and become exercisable as follows: 33% of the stock options vest on 04/13/2024, 33% vest on 4/13/2025, and the remainder vest on 04/13/202 |
| 3 | Derivative | NON-QUALIFIED STOCK OPTION | 2023-09-11 | J | A | 66,704 | — | 1,740,344 | D | $4.54 · — to 2033-04-13 | 66,704 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F10) These options vest and become exercisable as follows: 33% of the stock options vest on 04/13/2024, 33% vest on 4/13/2025, and the remainder vest on 04/13/202 |
| 4 | Derivative | INCENTIVE STOCK OPTION | 2023-09-11 | J | A | 872,938 | — | 872,938 | D | $1.03 · — to 2029-04-30 | 872,938 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F4) These options are fully vested and exercisable. |
| 5 | Derivative | INCENTIVE STOCK OPTION | 2023-09-11 | J | A | 261,881 | — | 1,134,819 | D | $2.17 · — to 2030-06-25 | 261,881 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F6) These options vest and become exercisable as follows: 25% of the stock options vested on 6/25/2021, 25% vested on 6/25/2022, 25% vested on 6/25/2023, and the remainder vest on 6/25/2024. |
| 6 | Derivative | INCENTIVE STOCK OPTION | 2023-09-11 | J | A | 87,293 | — | 1,222,112 | D | $2.17 · — to 2030-06-25 | 87,293 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F6) These options vest and become exercisable as follows: 25% of the stock options vested on 6/25/2021, 25% vested on 6/25/2022, 25% vested on 6/25/2023, and the remainder vest on 6/25/2024. |
| 7 | Derivative | INCENTIVE STOCK OPTION | 2023-09-11 | J | A | 342,192 | — | 1,564,304 | D | $2.17 · — to 2031-01-15 | 342,192 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F7) These options vest and become exercisable as follows: 33% of the stock options vested on 1/15/2022, 33% vested on 1/15/2023, and the remainder vest on 1/15/2024. |
| 8 | Derivative | INCENTIVE STOCK OPTION | 2023-09-11 | J | A | 9,699 | — | 1,574,003 | D | $5.47 · — to 2031-10-08 | 9,699 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F8) These options vest and become exercisable as follows: 33% of the stock options vested on 10/08/2022, 33% vest on 10/8/2023, and the remainder vest on 10/08/2024. |
| 9 | Derivative | INCENTIVE STOCK OPTION | 2023-09-11 | J | A | 77,594 | — | 1,651,597 | D | $4.95 · — to 2032-02-03 | 77,594 COMMON STOCK | (F5) The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests. (F9) These options vest and become exercisable as follows: 33% of the stock options vested on 02/03/2023, 33% vest on 02/03/2024, and the remainder vest on 02/03/2025. |