Thomas J. Kester - May 12, 2023 Form 4 Insider Report for InspireMD, Inc. (NSPR)

Role
Director
Signature
/s/ Craig Shore, Attorney-in-Fact for Thomas J. Kester
Stock symbol
NSPR
Transactions as of
May 12, 2023
Transactions value $
$300,004
Form type
4
Date filed
5/16/2023, 04:16 PM
Previous filing
Apr 4, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NSPR Common Stock Purchase $100K +61.2K +129.38% $1.63 109K May 12, 2023 Direct F1, F2

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
transaction NSPR Series H Warrants to purchase Common Stock Purchase $50K +30.6K $1.63 30.6K May 12, 2023 Common Stock 30.6K $1.38 Direct F2, F3, F4
transaction NSPR Series I Warrants to purchase Common Stock Purchase $50K +30.6K $1.63 30.6K May 12, 2023 Common Stock 30.6K $1.38 Direct F2, F5, F6
transaction NSPR Series J Warrants to purchase Common Stock Purchase $50K +30.6K $1.63 30.6K May 12, 2023 Common Stock 30.6K $1.38 Direct F2, F7, F8
transaction NSPR Series K Warrants to purchase Common Stock Purchase $50K +30.6K $1.63 30.6K May 12, 2023 Common Stock 30.6K $1.38 Direct F2, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock reported in this row represent shares of restricted stock that were acquired in a private placement transaction on May 12, 2023 pursuant to an exemption from the registration requirements under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Private Placement").
F2 The purchase price per share of common stock and associated Series H Warrants, Series I Warrants, Series J Warrants and Series K Warrants in the Private Placement was $1.6327.
F3 The aggregate number of warrants reported in this row consists of 30,625 Series H Warrants that were acquired in the Private Placement.
F4 The Series H Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the Company's public release of primary and secondary end points related to one year follow up study results from the Company's C-Guardians pivotal trial.
F5 The aggregate number of warrants reported in this row consists of 30,624 Series I Warrants that were acquired in the Private Placement.
F6 The Series I Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the Company's announcement of receipt of Premarket Approval (PMA) from the Food and Drug Administration ("FDA") for the CGuard Prime Carotid Stent System (135 cm).
F7 The aggregate number of warrants reported in this row consists of 30,625 Series J Warrants that were acquired in the Private Placement.
F8 The Series J Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the Company's announcement of receipt of FDA approval for the SwitchGuard transcarotid system and CGuard Prime 80 cm.
F9 The aggregate number of warrants reported in this row consists of 30,624 Series K Warrants that were acquired in the Private Placement.
F10 The Series K Warrants have a term of the earlier of (i) May 15, 2028 and (ii) 20 trading days following the end of the fourth fiscal quarter after the fiscal quarter in which the first commercial sales of the CGuard Carotid Stent System in the United States begin.