Damien Lamendola - Dec 14, 2021 Form 4 Insider Report for Marpai, Inc. (MRAI)

Role
Director, 10%+ Owner
Signature
By: /s/ Damien Lamendola
Stock symbol
MRAI
Transactions as of
Dec 14, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 07:55 AM
Previous filing
Nov 4, 2021
Next filing
Jun 16, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAI Class A Common Stock Exercise of in-the-money or at-the-money derivative security $900K +225K +11.61% $4.00* 2.16M Dec 14, 2021 See Fotenote F1
holding MRAI Class A Common Stock 3.73M Dec 14, 2021 See Fotenote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRAI Class A Common Stock Warrants (to buy) Exercise of in-the-money or at-the-money derivative security -$900K -225K -100% $4.00* 0 Dec 14, 2021 Class A Common Stock 225K $4.00 See Fotenote F1
holding MRAI Class A Common Stock Warrants 364K Dec 14, 2021 Class A Common Stock 364K $1.43 See Fotenote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by HillCour Investment Fund, LLC, of which Mr. Lamendola is the Manager, and holds the voting and dispositive power over the securities held by HillCour Investment Fund, LLC.
F2 Held by WellEnterprises USA, LLC, a wholly owned subsidiary of HillCour, Inc., which is wholly owned by HillCour Holding Corporation, a corporation controlled by Mr. Lamendola. Mr. Lamendola holds the voting and dispositive power over the securities held by WellEnterprises USA, LLC.