James Patrick McCormick - 29 Jan 2025 Form 3 Insider Report for CLOUDASTRUCTURE, INC. (CSAI)

Role
Chief Executive Officer, Director
Signature
/s/ Greg Smitherman, as Attorney-in-Fact for James McCormick
Issuer symbol
CSAI
Transactions as of
29 Jan 2025
Net transactions value
$0
Form type
3
Filing time
28 Apr 2025, 14:46:10 UTC
SEC
View on sec.gov

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 CSAI Stock Options (Right to Buy) 29 Jan 2025 Class B Common Stock 25,000 $1.86 Direct F1
holding CSAI Stock Options (Right to Buy) 29 Jan 2025 Class B Common Stock 166,667 $2.70 Direct F2
holding CSAI Stock Options (Right to Buy) 29 Jan 2025 Class B Common Stock 1,342,000 $2.70 Direct F3
holding CSAI Stock Options (Right to Buy) 29 Jan 2025 Class B Common Stock 335,600 $2.70 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest as follows: 1/4 on November 30, 2022, and the remaining in 36 substantially equal monthly installments thereafter.
F2 These options vest as follows: 1/4 on July 1, 2024, and the remaining in 36 substantially equal monthly installments thereafter.
F3 These options vest as follows: 1/4 on July 1, 2025, and the remaining in 36 substantially equal monthly installments thereafter.
F4 These options will fully vest when the Issuer has 3 consecutive months of revenue reaching at least $500,000 in each month.

Remarks:

Exhibit 24 - Power of Attorney