Martin C.b. Mellish - 30 Apr 2025 Form 4 Insider Report for Spectral AI, Inc. (MDAI)

Role
Director
Signature
/s/ Martin Mellish
Issuer symbol
MDAI
Transactions as of
30 Apr 2025
Net transactions value
$0
Form type
4
Filing time
30 Apr 2025, 17:02:54 UTC
Previous filing
16 Jul 2024
Next filing
06 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDAI Common Stock Award $0 +9,699 +100% $0.000000 19,398 30 Apr 2025 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 9,700 30 Apr 2025 Common Stock 9,700 $4.48 Direct F2
holding MDAI ISO 28,764 30 Apr 2025 Common Stock 28,764 $1.67 Direct F3
holding MDAI ISO 22,613 30 Apr 2025 Common Stock 22,613 $1.67 Direct F4
holding MDAI NQSO 75,000 30 Apr 2025 Common Stock 75,000 $1.25 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total includes 9,699 restricted stock units ("RSUs"), which are fully vested and were issued on 4/28/2025.
F2 100% of the restricted units vest on 4/13/2026
F3 100% of the stock options vested on the date of issuance.
F4 75% of the stock options were vested as if the date hereof. The remaining 25% vest of 5/15/2025.
F5 25,000 of the stock options vest monthly over a 12 month period beginning on April 23, 2025. The remaining 50,000 stock options vest upon the achievement of certain milestones.