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Windler Nils 4

Accession 0001213900-23-076429

CIK 0001833498other

Filed

Sep 12, 8:00 PM ET

Accepted

Sep 13, 5:23 PM ET

Size

19.5 KB

Accession

0001213900-23-076429

Insider Transaction Report

Form 4
Period: 2023-09-11
Windler Nils
CHIEF FINANCIAL OFFICER
Transactions
  • Other

    INCENTIVE STOCK OPTION

    2023-09-11+96,99396,993 total
    Exercise: $5.26Exp: 2031-12-17COMMON STOCK (96,993 underlying)
  • Other

    NON-QUALIFIED STOCK OPTION

    2023-09-11+6,466116,391 total
    Exercise: $4.54Exp: 2033-04-13COMMON STOCK (6,466 underlying)
  • Other

    INCENTIVE STOCK OPTION

    2023-09-11+12,932109,925 total
    Exercise: $4.54Exp: 2033-04-13COMMON STOCK (12,932 underlying)
Footnotes (4)
  • [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]These options vest and become exercisable as follows: 33% of the stock options vested on 12/17/2022; 33% vest on 12/17/2023; and the remainder vest on 12/17/2024.
  • [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.
  • [F4]These options vest and become exercisable as follows: 33% of the stock options vest on 4/13/2024; 33% vest on 4/13/2025; and the remainder vest on 4/13/2026.

Issuer

Spectral AI, Inc.

CIK 0001833498

Entity typeother

Related Parties

1
  • filerCIK 0001992144

Filing Metadata

Form type
4
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 5:23 PM ET
Size
19.5 KB