Nils Windler - 11 Sep 2023 Form 4 Insider Report for Spectral AI, Inc. (MDAI)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
13 Sep 2023, 17:23:50 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nils Wilder

Key filing fact

Nils Windler filed Form 4 for Spectral AI, Inc. (MDAI) on 13 Sep 2023.

Key facts

  • This page summarizes Nils Windler's Form 4 filing for Spectral AI, Inc. (MDAI).
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 13 Sep 2023, 17:23.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RCLF transaction Derivative

INCENTIVE STOCK OPTION

Other

Transaction value
Shares
+96,993
Change %
Price
Shares after
96,993
Date
11 Sep 2023
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
96,993
Exercise price
$5.26
Footnotes
F1, F2, F3
RCLF transaction Derivative

INCENTIVE STOCK OPTION

Other

Transaction value
Shares
+12,932
Change %
+13%
Price
Shares after
109,925
Date
11 Sep 2023
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
12,932
Exercise price
$4.54
Footnotes
F1, F3, F4
RCLF transaction Derivative

NON-QUALIFIED STOCK OPTION

Other

Transaction value
Shares
+6,466
Change %
+5.9%
Price
Shares after
116,391
Date
11 Sep 2023
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
6,466
Exercise price
$4.54
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On September 11, 2023, Spectral AI, Inc., a Delaware corporation formerly known as Rosecliff Acquisition Corp. I (the "Issuer") and Spectral MD Holdings Ltd ("Spectral") consummated the business combination (the "Business Combination") pursuant to that certain business combination agreement, dated April 11, 2023 (as amended, the "Business Combination Agreement"). In connection with the closing of the Business Combination (the "Closing"), each 10.31 shares of common stock of Spectral outstanding immediately prior to the Closing were exchanged for one share of common stock of the Issuer, par value $0.0001 (the "Common Stock").

Footnote F2

These options vest and become exercisable as follows: 33% of the stock options vested on 12/17/2022; 33% vest on 12/17/2023; and the remainder vest on 12/17/2024.

Footnote F3

The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests.

Footnote F4

These options vest and become exercisable as follows: 33% of the stock options vest on 4/13/2024; 33% vest on 4/13/2025; and the remainder vest on 4/13/2026.

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