Ronald T. Nixon - Jun 1, 2023 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Role: Director, 10%+ Owner
Signature: /s/ Ronald T. Nixon
Stock symbol: SMTI
Transactions as of: Jun 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/5/2023, 07:22 PM
Previous filing: Feb 22, 2023
Next filing: Jun 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTI	Common Stock	Award	$0	+9.61K	+35.22%	$0.00	36.9K	Jun 1, 2023	Direct	F1
transaction	SMTI	Common Stock	Award	$0	+8.81K	+23.88%	$0.00	45.7K	Jun 1, 2023	Direct	F2
holding	SMTI	Common Stock						2.45M	Jun 1, 2023	See Footnote	F3
holding	SMTI	Common Stock						964K	Jun 1, 2023	See Footnote	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of restricted stock granted by Sanara MedTech Inc. (the "Company") to the reporting person pursuant to the Sanara MedTech Inc. 2014 Omnibus Long-Term Incentive Plan, as amended and restated (the "2014 LTIP"). The shares of restricted stock vested in full on the date of grant.
F2	Represents shares of restricted stock granted by the Company to the reporting person pursuant to the Sanara MedTech Inc. 2014 LTIP. The shares of restricted stock will vest on the earlier of (i) the date of the 2024 annual shareholder meeting or (ii) June 1, 2024, provided that the reporting person is providing certain services to the Company on such date.
F3	Represents shares of the Company's common stock owned of record by CGI Cellerate RX, LLC, which is a wholly owned subsidiary of Catalyst Rochal, LLC. Mr. Nixon is a manager of Catalyst Rochal, LLC. By virtue of these relationships, Mr. Nixon, Catalyst Rochal, LLC and CGI Cellerate RX, LLC may be deemed to share voting and dispositive control over the common stock. Mr. Nixon and Catalyst Rochal, LLC disclaim beneficial ownership of any common stock held or beneficially owned by CGI Cellerate RX, LLC, except to the extent of each of their pecuniary interests therein.
F4	Represents shares of the Company's common stock owned of record by FA Sanara, LLC ("FA Sanara"). FA Sanara is managed by Family Alignment, LLC ("Family"), which is managed by Catalyst Group, Inc. ("Catalyst"). Mr. Nixon is a controlling shareholder and President of Catalyst. Mr. Nixon, Catalyst, Family and FA Sanara may be deemed to share voting and dispositive control over the common stock. Mr. Nixon, Catalyst and Family disclaim beneficial ownership of any common stock held or beneficially owned by FA Sanara, except to the extent of each of their pecuniary interests therein.