Steven Winch - 19 Dec 2023 Form 4 Insider Report for Infrared Cameras Holdings, Inc. (MSAI)

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Shares After	Date	Ownership	Footnotes
transaction	MSAI	Common Stock	Award	+603,276		603,276	19 Dec 2023	Direct	F1, F2
transaction	MSAI	Common Stock	Award	+5,595	+0.93%	608,871	19 Dec 2023	Direct	F1
transaction	MSAI	Common Stock	Award	+547,210		547,210	19 Dec 2023	Held by Villard Capital, LLC	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement.
F2	Represents RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock and does not expire. The RSUs vest on January 1, 2024.
F3	Villard Capital, LLC is an estate-planning entity under the control of the Reporting Person.