Martin C.b. Mellish - 04 Jun 2025 Form 4 Insider Report for Spectral AI, Inc. (MDAI)

Role
Director
Signature
/s/ Martin Mellish
Issuer symbol
MDAI
Transactions as of
04 Jun 2025
Net transactions value
+$8,650
Form type
4
Filing time
06 Jun 2025, 16:00:24 UTC
Previous filing
30 Apr 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Mellish Martin C.B. Director 2515 MCKINNEY AVENUE, SUITE 1000, DALLAS /s/ Martin Mellish 06 Jun 2025 0001992320

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MDAI Common Stock Award $8,650 +5,000 +26% $1.73 24,398 04 Jun 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 04 Jun 2025 Common Stock 9,700 $4.48 Direct F2
holding MDAI ISO 28,764 04 Jun 2025 Common Stock 28,764 $1.67 Direct F3
holding MDAI ISO 22,613 04 Jun 2025 Common Stock 22,613 $1.67 Direct F4
holding MDAI NQSO 75,000 04 Jun 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 price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions. The Reporting Person undertakes to provide to the Issuer, any security holder of 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 100% of the restricted units vested on 4/13/2026.
F3 100% of the stock options vested on the date of issuance.
F4 100% of the stock options were vested as if the date hereof.
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.