Semler Scientific, Inc. — Director's Dealing 2014

Feb 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Semler Scientific, Inc. (SMLR)
CIK: 0001554859
Period of Report: 2014-02-26

Reporting Person: Gupta Dinesh C. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-26	Common Stock	C	105556	—	Acquired	105556	Indirect
2014-02-26	Common Stock	C	11111	—	Acquired	11111	Indirect
2014-02-26	Common Stock	M	3889	$4.50	Acquired	15000	Indirect
2014-02-26	Common Stock	F	2501	$7.00	Disposed	12499	Indirect
2014-02-26	Common Stock	M	36945	$4.50	Acquired	36945	Indirect
2014-02-26	Common Stock	F	23751	$7.00	Disposed	13194	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-26	Series A Convertible Preferred Stock	$	C	105556	Disposed		Common Stock (105556)	Indirect
2014-02-26	Series A Convertible Preferred Stock	$	C	11111	Disposed		Common Stock (11111)	Indirect
2014-02-26	Series A Preferred Stock Warrant (right to buy)	$4.50	M	36945	Disposed	2016-07-31	Common Stock (36945)	Indirect
2014-02-26	Series A Preferred Stock Warrant (right to buy)	$4.50	M	3889	Disposed	2016-07-31	Common Stock (3889)	Indirect

Footnotes

F1: These securities automatically converted into Issuer's common stock on a one-for-one basis upon consummation of Issuer's initial public offering ("IPO") and had no expiration date.

F2: These securities were cashlessly exercised immediately prior to Issuer's IPO and automatically converted into shares of Issuer's common stock on a one-for-one basis.

F3: Mr. Gupta is a general partner and an investor in Satwik Mezzanine Fund I, LLC. Mr. Gupta disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F4: These securities are held for the benefit of Mr. Gupta.

F5: Mr. Gupta is a general partner and an investor in First Guardian Group I, LLC. Mr. Gupta disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.