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MultiSensor AI Holdings, Inc. Director's Dealing 2023

Dec 21, 2023

34923_dirs_2023-12-21_38abb510-ce2c-4d03-b0a5-d7dab24b7b1b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Infrared Cameras Holdings, Inc. (MSAI)
CIK: 0001863990
Period of Report: 2023-12-19

Reporting Person: Baird Peter W (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-12-19 Common Stock A 624524 Acquired 624524 Direct
2023-12-19 Common Stock A 5608 Acquired 630132 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-12-19 Stock Option $5.83 A 68089 Acquired 2030-10-08 Common Stock (68089) Direct
2023-12-19 Stock Option $5.83 A 80104 Acquired 2031-01-17 Common Stock (80104) Direct
2023-12-19 Stock Option $7.27 A 31861 Acquired 2031-07-29 Common Stock (31861) Direct
2023-12-19 Stock Option $7.27 A 24440 Acquired 2031-12-06 Common Stock (24440) Direct

Footnotes

F1: Pursuant to the business combination of Infrared Cameras Holdings, Inc. (formerly known as SportsMap Tech Acquisition Corp.) (the "Issuer") and MSAI Operating, Inc. (formerly known as Infrared Cameras Holdings, Inc., "Legacy ICH"), as contemplated by the business combination agreement, dated as of December 5, 2022 (as amended, the "Business Combination Agreement"), by and among the Issuer, ICH Merger Sub Inc., and

F2: Legacy ICH, each share of class A common stock and class B common stock of ICH was converted into the right to receive a number of shares of common stock of the Issuer in accordance with the exchange ratio described in the Business Combination Agreement, and each option to purchase shares of Legacy ICH's common stock (other than any out of the money options) and each award of restricted stock units ("RSUs") of Legacy ICH was cancelled and automatically converted into the right to receive securities of the Issuer upon substantially the same terms and conditions in accordance with the exchange ratio described in the Business Combination Agreement.

F3: Represents RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock and does not expire. The RSUs vest on January 1, 2024.

F4: The stock option is fully vested and exercisable.