John Paul Powers - May 24, 2024 Form 4 Insider Report for Marpai, Inc. (MRAI)

Role: President and COO
Signature: /s/ John Paul Powers
Stock symbol: MRAI
Transactions as of: May 24, 2024
Transactions value $: $11,300
Form type: 4
Date filed: 12/9/2024, 05:15 PM
Previous filing: Jan 18, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRAI	Class A Common Stock	Award	$0	+100K	+66.67%	$0.00	250K	May 24, 2024	Direct	F1
transaction	MRAI	Class A Common Stock	Purchase	$11.3K	+10K	+4%	$1.13	260K	Dec 5, 2024	Direct

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	The RSUs vest at the date when the company achieves year end unadjusted EBITDA of $5 million or more, conditioned on reporting person being an employee in good standing as of the vesting date.