|4Jun 16, 4:06 PM ET

Gonzalez Edmundo 4

4 · Marpai, Inc. · Filed Jun 16, 2022

Insider Transaction Report

Form 4
Period: 2022-06-14
Gonzalez Edmundo
DirectorCEO, Secretary and Director
Transactions
  • Award

    Stock Option (Right to Buy)

    2022-06-14+214,308214,308 total
    Exercise: $1.11Exp: 2032-06-14Class A Common Stock (214,308 underlying)
  • Award

    Stock Option (Right to Buy)

    2022-06-14+75,00075,000 total
    Exercise: $1.11Exp: 2032-06-14Class A Common Stock (75,000 underlying)
  • Award

    Stock Option (Right to Buy)

    2022-06-14+175,000175,000 total
    Exercise: $1.11Exp: 2025-06-14Class A Common Stock (175,000 underlying)
Holdings
  • Class A Common Stock

    (indirect: See footnote)
    313,110
  • Class A Common Stock

    859,079
Footnotes (5)
  • [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 7,826,531 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 Grays West Ventures LLC ("Grays West"), of which Mr. Gonzalez is the sole member, and has the sole voting and dispositive power over the shares held by Grays West.
  • [F3]The option vests monthly over a three-year period, commencing on June 14, 2022.
  • [F4]The option vests monthly over a four-year period, commencing on June 14, 2022.
  • [F5]The option was issued in lieu of a cash bonus and is deemed fully vested on the issuance date.

Documents

1 file
  • 4
    tm2218660-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT