4//SEC Filing
Gow David 4
Accession 0001104659-24-042781
CIK 0001863990other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 9:49 PM ET
Size
14.3 KB
Accession
0001104659-24-042781
Insider Transaction Report
Form 4
Gow David
Director
Transactions
- Disposition to Issuer
Convertible Promissory Note
2024-03-31Exercise: $10.00From: 2023-12-19Exp: 2026-12-19→ Common Stock (20,000 underlying) - Conversion
Common Stock
2024-03-31+41,016→ 576,828 total - Award
Common Stock
2024-03-31+60,060→ 636,888 total - Award
Convertible Promissory Note
2024-03-31Exercise: $5.00From: 2023-12-19Exp: 2026-12-19→ Common Stock (41,016 underlying) - Conversion
Convertible Promissory Note
2024-03-31Exercise: $5.00From: 2023-12-19Exp: 2026-12-19→ Common Stock (41,016 underlying)
Footnotes (3)
- [F1]On March 31, 2024, the Reporting Person acquired 101,076 shares of Common Stock from the Issuer pursuant to the conversion of two promissory notes with an aggregate principal balance of $400,000. The conversion was structured to comply with the provisions of Rule 16b-3(d) promulgated under the Securities Exchange Act of 1934, as amended. A promissory note with a principal amount of $200,000 converted into shares of common stock at a price of $5.00 per share for the outstanding principal amount, and $10.00 per share for the accrued but unpaid interest. The remaining promissory note with a principal amount of $200,000 converted at a price of $3.33 per share, and such note was non-interest bearing.
- [F2]Includes 63,466 shares received as a liquidating distribution from SportsMap, LLC ("Sponsor"). In prior reports, the reporting person reported beneficial ownership of 100,000 shares of Issuer's common stock held by Sponsor, and 19,609 shares held by Gow Media, LLC. Gow Media, LLC subsequently waived its right to its shares previously reported, which were then included in Sponsor's liquidating distribution to its members.
- [F3]Represents an amendment to the exercise price of the convertible promissory note.
Documents
Issuer
MultiSensor AI Holdings, Inc.
CIK 0001863990
Entity typeother
Related Parties
1- filerCIK 0001880850
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 9:49 PM ET
- Size
- 14.3 KB