Lawrence M. Sands - 24 Jun 2024 Form 4 Insider Report for VSEE HEALTH, INC. (VSEE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
26 Jun 2024, 19:27:50 UTC
Next SEC filing
26 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lawrence Sands

Key filing fact

Lawrence M. Sands filed Form 4 for VSEE HEALTH, INC. (VSEE) on 26 Jun 2024.

Key facts

  • This page summarizes Lawrence M. Sands's Form 4 filing for VSEE HEALTH, INC. (VSEE).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 26 Jun 2024, 19:27.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VSEE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
500,000
Date
24 Jun 2024
Ownership
See footnote 1.
Footnotes
F1

Reported derivative securities

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

VSEE transaction Derivative

Series A Preferred Stock

Other

Transaction value
$0
Shares
+765
Change %
Price
$0.000000
Shares after
765
Date
24 Jun 2024
Ownership
See footnote 1.
Underlying class
Common Stock
Underlying amount
382,500
Exercise price
$10.00
Footnotes
F1, F2, F3, F4, F5
VSEE transaction Derivative

Series A Preferred Stock

Other

Transaction value
$0
Shares
+153
Change %
Price
$0.000000
Shares after
153
Date
24 Jun 2024
Ownership
See footnote 6.
Underlying class
Common Stock
Underlying amount
76,500
Exercise price
$10.00
Footnotes
F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Shares held by SCS Capital Partners, LLC ("SCS Capital") of which Reporting Person is the sole manager and sole member. As such, he has sole voting and investment power with respect to Issuer's securities held by SCS Capital. Mr. Sands disclaims beneficial ownership of such securities other than to the extent of his pecuniary interest, if any, therein, directly or indirectly.

Footnote F2

Shares of Series A preferred stock ("Series A Stock") acquired in connection with closing of the Business Combination pursuant to the terms of the Business Combination Agreement by and among Digital Health Acquisition Corp. ("DHAC"), Digital Health Merger Sub I, Inc., Digital Health Merger Sub II, Inc., VSee Lab, Inc. and iDoc Virtual Telehealth Solutions, Inc. (iDoc") (the "Business Combination"). In the Business Combination certain indebtedness owed by DHAC to affiliates of DHAC, among others, was converted to Series A Stock.

Footnote F3

The Series A Stock is convertible into Issuer's common stock at any time following the earlier of 12 months after the initial issuance of Series A Stock or the date on which no shares of Series A Stock remain outstanding.

Footnote F4

Not applicable.

Footnote F5

Maximum number of shares issuable.

Footnote F6

Shares held by SCS, LLC of which Reporting Person is the sole manager and sole member. As such, he has sole voting and investment power with respect to Issuer's securities held by SCS, LLC. Mr. Sands disclaims beneficial ownership of such securities other than to the extent of his pecuniary interest, if any, therein, directly or indirectly.

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