Richard Cotton - Nov 17, 2023 Form 4 Insider Report for Spectral AI, Inc. (MDAI)

Role
Director
Signature
/s/ Richard Cotton
Stock symbol
MDAI
Transactions as of
Nov 17, 2023
Transactions value $
$39,116
Form type
4
Date filed
11/20/2023, 01:53 PM
Previous filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDAI Common Stock Award $39.1K +14.7K +44.56% $2.67 47.5K Nov 17, 2023 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 19.4K Nov 17, 2023 Common Stock 19.4K $4.48 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.61 to $2.70 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 50% of the restricted units vest on 4/13/2024, 25% vest on 4/13/2025, and the remainder vest on 4/13/2026.