4//SEC Filing
Pagoulatos Nikolaos 4
Accession 0001213900-23-076428
CIK 0001833498other
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 5:23 PM ET
Size
8.7 KB
Accession
0001213900-23-076428
Insider Transaction Report
Form 4
Pagoulatos Nikolaos
CHIEF OPERATING OFFICER
Transactions
- Other
INCENTIVE STOCK OPTION
2023-09-11+78,643→ 78,643 totalExercise: $3.82Exp: 2032-11-07→ COMMON STOCK (78,643 underlying) - Other
NON-QUALIFIED STOCK OPTION
2023-09-11+18,350→ 96,993 totalExercise: $3.82Exp: 2032-11-07→ COMMON STOCK (18,350 underlying)
Footnotes (3)
- [F1]On September 11, 2023, Spectral AI, Inc., a Delaware corporation formerly known as Rosecliff Acquisition Corp. I (the "Issuer") and Spectral MD Holdings Ltd ("Spectral") consummated the business combination (the "Business Combination") pursuant to that certain business combination agreement, dated April 11, 2023 (as amended, the "Business Combination Agreement"). In connection with the closing of the Business Combination (the "Closing"), each 10.31 shares of common stock of Spectral outstanding immediately prior to the Closing were exchanged for one share of common stock of the Issuer, par value $0.0001 (the "Common Stock").
- [F2]In connection with the Closing, the Issuer assumed the obligations of Spectral with respect to Spectral's outstanding stock options (both incentive stock options and non-qualified stock options). These options vest and become exercisable as follows: 33% vest on 11/7/2023; 33% vest on 11/7/2023; and the remainder vest on 7/11/2025.
- [F3]The Reporting Person received these securities in connection with the Closing, for no additional consideration, with each option exercisable for one share of the Issuer's Common Stock once such option fully vests.
Documents
Issuer
Spectral AI, Inc.
CIK 0001833498
Entity typeother
Related Parties
1- filerCIK 0001992090
Filing Metadata
- Form type
- 4
- Filed
- Sep 12, 8:00 PM ET
- Accepted
- Sep 13, 5:23 PM ET
- Size
- 8.7 KB