Damien Lamendola - 28 Jan 2025 Form 4 Insider Report for Marpai, Inc. (MRAI)

Signature
/s/ Damien Lamendola
Issuer symbol
MRAI
Transactions as of
28 Jan 2025
Net transactions value
$0
Form type
4
Filing time
29 Jan 2025, 16:01:10 UTC
Previous filing
03 Sep 2024
Next filing
21 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRAI Class A Common Stock Award $0 +600,000 +12% $0.000000 5,517,657 28 Jan 2025 See footnote F1, F2
holding MRAI Class A Common Stock 200,000 28 Jan 2025 Direct
holding MRAI Class A Common Stock 931,674 28 Jan 2025 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs vest as follows: 200,000 RSUs vested on the grant date, 200,000 RSUs vest on the first-year anniversary of the date of grant and 200,000 RSUs vest on the second-year anniversary of the date of grant.
F2 Held by HillCour Investment Fund, LLC, of which Mr. Lamendola is the Manager, and holds the voting and dispositive power over the securities held by HillCour Investment Fund, LLC.
F3 Held by WellEnterprises USA, LLC, a wholly owned subsidiary of HillCour, Inc., which is wholly owned by HillCour Holding Corporation, a corporation controlled by Mr. Lamendola. Mr. Lamendola holds the voting and dispositive power over the securities held by WellEnterprises USA, LLC.