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4//SEC Filing

Lamendola Damien 4

Accession 0001209191-23-056209

CIK 0001844392other

Filed

Nov 20, 7:00 PM ET

Accepted

Nov 21, 4:01 PM ET

Size

8.1 KB

Accession

0001209191-23-056209

Insider Transaction Report

Form 4
Period: 2023-11-21
Lamendola Damien
DirectorChief Executive Officer10% Owner
Transactions
  • Purchase

    Class A Common Stock

    2023-11-21$1.19/sh+200,000$238,680200,000 total
Holdings
  • Class A Common Stock

    (indirect: See Footnote)
    701,306
  • Class A Common Stock

    (indirect: See Footnote)
    931,674
Footnotes (4)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.05 to $1.30, inclusive. The Reporting Person undertakes to provide to Marpai, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1).
  • [F2]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 1,956,633 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.
  • [F3]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.
  • [F4]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.

Issuer

Marpai, Inc.

CIK 0001844392

Entity typeother

Related Parties

1
  • filerCIK 0001884274

Filing Metadata

Form type
4
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 4:01 PM ET
Size
8.1 KB