⌘K

Login Start Free

Home/Filings/4/0001213900-23-076679

4//SEC Filing

Thatcher Jeffrey Edward 4

Accession 0001213900-23-076679

CIK 0001833498other

View on SEC.gov Company Profile

Filed

Sep 13, 8:00 PM ET

Accepted

Sep 14, 4:02 PM ET

Size

14.9 KB

Accession

0001213900-23-076679

Insider Transaction Report

Form 4

Period: 2023-09-11

Spectral AI, Inc.MDAI

Thatcher Jeffrey Edward

CHIEF SCIENTIST

Transactions

Other
INCENTIVE STOCK OPTION
2023-09-11+24,248→ 24,248 total
Exercise: $4.95Exp: 2032-02-03→ COMMON STOCK (24,248 underlying)
Other
INCENTIVE STOCK OPTION
2023-09-11+7,274→ 7,274 total
Exercise: $4.54Exp: 2033-04-13→ COMMON STOCK (7,274 underlying)
Other
INCENTIVE STOCK OPTION
2023-09-11+569,350→ 569,350 total
Exercise: $1.03Exp: 2029-04-30→ COMMON STOCK (569,350 underlying)
Other
COMMON STOCK
2023-09-11+23,278→ 23,278 total
Other
INCENTIVE STOCK OPTION
2023-09-11+232,783→ 232,783 total
Exercise: $2.17Exp: 2030-06-25→ COMMON STOCK (232,783 underlying)

Footnotes (6)

[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]The Reporting Person received these shares of Common Stock in connection with the Closing for no additional consideration.
[F3]These options are vested and exercisable.
[F4]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.
[F5]These options vest and become exercisable as follows: 33% of the stock options vested on 2/3/2023; 33% vest on 2/3/2024; and the remainder vest on 2/3/2025.
[F6]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.

Documents

1 file

4
ownership.xmlPrimary

Issuer

Spectral AI, Inc.

CIK 0001833498

Entity typeother

Related Parties

1

filerCIK 0001992211

Filing Metadata

Form type: 4
Filed: Sep 13, 8:00 PM ET
Accepted: Sep 14, 4:02 PM ET
Size: 14.9 KB

View on SEC.gov