Douglas Murphy-Chutorian - May 16, 2023 Form 4 Insider Report for Semler Scientific, Inc. (SMLR)

Signature
/s/ Douglas Murphy-Chutorian, M.D.
Stock symbol
SMLR
Transactions as of
May 16, 2023
Transactions value $
-$1,948,763
Form type
4
Date filed
5/17/2023, 04:07 PM
Previous filing
Mar 1, 2022
Next filing
May 14, 2024

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 SMLR Common Stock Warrant (right to buy) Disposed to Issuer -$434K -16.9K -100% $25.74 0 May 16, 2023 Common Stock 16.9K $4.00 By Trust F1, F2
transaction SMLR Common Stock Warrant (right to buy Disposed to Issuer -$1.51M -60K -100% $25.24 0 May 16, 2023 Common Stock 60K $4.50 By Trust F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person sold these warrants to the Issuer. The net purchase price per warrant reflects the difference between the aggregate exercise price of the warrant and the aggregate fair market value of the shares underlying the warrant, based on the last trade price of the Issuer's common stock on May 16, 2023. The net sale dollar amount was $1,948,762.50 in total received from the Issuer.
F2 The warrants were held by the Murphy-Chutorian Family Trust U/D/T dated January 13, 1997, of which the Reporting Person is co-Trustee with his spouse.