Lamendola Damien 4
4 · Marpai, Inc. · Filed Dec 18, 2023
Insider Transaction Report
Form 4
Marpai, Inc.MRAI
Lamendola Damien
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Class A Common Stock
2023-12-14$1.97/sh+150,000$295,500→ 851,306 total(indirect: See Footnote)
Holdings
- 200,000
Class A Common Stock
- 931,674(indirect: See Footnote)
Class A Common Stock
Footnotes (3)
- [F1]Pursuant to the Agreement Relating to Voting Power between Co-Founders of Marpai, Inc. and Grant of a Power of Attorney and Proxy, dated June 28, 2021 (the "Power of Attorney and Proxy"), (i) HillCour Investment Fund, LLC and WellEnterprises USA, LLC (together, the "HillCour Founding Group") and (ii) Eli David, Yaron Eitan, Edmundo Gonzalez and Grays West Ventures, LLC (collectively, the "Grays Founding Group"), share voting power over a total of 2,981,129 shares of Marpai, Inc.'s Class A common stock with respect to certain specified matters. As a result of the Power of Attorney and Proxy, the HillCour Founding Group and Grays Founding Group, of which the reporting person is a member, are deemed to be a "group" under Rule 13d-5(d) of the Exchange Act.
- [F2]Held by HillCour Investment Fund, LLC, of which Mr. Lamendola is the Manager, and holds the voting and dispositive power over the securities held by HillCour Investment Fund, LLC.
- [F3]Held by WellEnterprises USA, LLC, a wholly owned subsidiary of HillCour, Inc., which is wholly owned by HillCour Holding Corporation, a corporation controlled by Mr. Lamendola. Mr. Lamendola holds the voting and dispositive power over the securities held by WellEnterprises USA, LLC.