Damien Lamendola - 14 Jun 2022 Form 4 Insider Report for Marpai, Inc. (MRAI)

Role
Director, 10%+ Owner
Signature
/s/ Damien Lamendola
Issuer symbol
MRAI
Transactions as of
14 Jun 2022
Net transactions value
$0
Form type
4
Filing time
16 Jun 2022, 16:05:42 UTC
Previous filing
16 Dec 2021
Next filing
19 Aug 2022
SEC
View on sec.gov

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 Stock Option (Right to Buy) Award $0 +175,000 $0.000000 175,000 14 Jun 2022 Class A Common Stock 175,000 $1.11 Direct F2
transaction MRAI Stock Option (Right to Buy) Award $0 +75,000 $0.000000 75,000 14 Jun 2022 Class A Common Stock 75,000 $1.11 Direct F3
holding MRAI Class A Common Stock Warrants 364,466 14 Jun 2022 Class A Common Stock 364,466 $1.43 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The option vests monthly over a three-year period, commencing on June 14, 2022.
F3 The option vests monthly over a four-year period, commencing on June 14, 2022.