MANCHESTER MANAGEMENT CO LLC enters BRAIN SCIENTIFIC INC. with 40.39M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives

MANCHESTER MANAGEMENT CO LLC

Filed: 8/4/2022ACC: 0000919574-22-004579

InsiderMANCHESTER MANAGEMENT CO LLCCIK 1169253

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IssuerBRAIN SCIENTIFIC INC.CIK 1662382

10% Owner

Since Jun 2022

40.39M

Baseline shares

20% direct

8.03M

Direct ownership

1 position

17.44M

Derivative underlying

4 instruments

Security positions

32.36M indirect

Non-Derivative Holdings3

Common Stock, $0.001 par value

Indirect

Shares owned19.55M

Common Stock, $0.001 par value

Direct

Shares owned8.03M

Common Stock, $0.001 par value

Indirect

Shares owned12.82M

Total

8.03M direct·32.36M indirect40.39M

Security Title	Shares Owned	Ownership Type
Common Stock, $0.001 par value	19.55M	Indirect
Common Stock, $0.001 par value	8.03M	Direct
Common Stock, $0.001 par value	12.82M	Indirect
Total	40.39M	8.03M direct·32.36M indirect

Derivative Holdings4

Common Stock Purchase Warrant

Direct

Underlying security

Common Stock, $0.001 par value

Underlying shares

3.05M

Shares owned

N/A

Exercise price

0.25

Expiration

—

Exercise window

—

Common Stock Purchase Warrant

Indirect

Underlying security

Common Stock, $0.001 par value

Underlying shares

8.35M

Shares owned

N/A

Exercise price

0.25

Expiration

—

Exercise window

—

Common Stock Purchase Warrant

Direct

Underlying security

Common Stock, $0.001 par value

Underlying shares

1.25M

Shares owned

N/A

Exercise price

0.35

Expiration

—

Exercise window

—

Common Stock Purchase Warrant

Indirect

Underlying security

Common Stock, $0.001 par value

Underlying shares

4.78M

Shares owned

N/A

Exercise price

0.25

Expiration

—

Exercise window

—

Total

Underlying

17.44M

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Common Stock Purchase Warrant Direct	Common Stock, $0.001 par value	0.25	—	—	3.05M	N/A
Common Stock Purchase Warrant Indirect	Common Stock, $0.001 par value	0.25	—	—	8.35M	N/A
Common Stock Purchase Warrant Direct	Common Stock, $0.001 par value	0.35	—	—	1.25M	N/A
Common Stock Purchase Warrant Indirect	Common Stock, $0.001 par value	0.25	—	—	4.78M	N/A
Total					17.44M	0.00