Martin Mellish - Apr 30, 2025 Form 4 Insider Report for Spectral AI, Inc. (MDAI)

Role
Director
Signature
/s/ Martin Mellish
Stock symbol
MDAI
Transactions as of
Apr 30, 2025
Transactions value $
$0
Form type
4
Date filed
4/30/2025, 05:02 PM
Previous filing
Jul 16, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDAI Common Stock Award $0 +9.7K +100% $0.00 19.4K Apr 30, 2025 Direct F1

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
holding MDAI Restricted Stock Unit 9.7K Apr 30, 2025 Common Stock 9.7K $4.48 Direct F2
holding MDAI ISO 28.8K Apr 30, 2025 Common Stock 28.8K $1.67 Direct F3
holding MDAI ISO 22.6K Apr 30, 2025 Common Stock 22.6K $1.67 Direct F4
holding MDAI NQSO 75K Apr 30, 2025 Common Stock 75K $1.25 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total includes 9,699 restricted stock units ("RSUs"), which are fully vested and were issued on 4/28/2025.
F2 100% of the restricted units vest on 4/13/2026
F3 100% of the stock options vested on the date of issuance.
F4 75% of the stock options were vested as if the date hereof. The remaining 25% vest of 5/15/2025.
F5 25,000 of the stock options vest monthly over a 12 month period beginning on April 23, 2025. The remaining 50,000 stock options vest upon the achievement of certain milestones.