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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/15/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 714256 |
| Issuer Name: Sanara MedTech Inc. |
| Issuer Trading Symbol: SMTI |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 2017814 |
| | Owner Name: Waldrop Jacob A. |
| Reporting Owner Address: |
| | Owner Street 1: 1200 SUMMIT AVE |
| | Owner Street 2: SUITE 414 |
| | Owner City: FORT WORTH |
| | Owner State: TX |
| | Owner ZIP Code: 76102 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Operating Officer |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/15/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 3,101 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 3,101 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Represents shares of restricted stock granted to the reporting person pursuant to the Sanara MedTech Inc. 2014 Omnibus Long Term Incentive Plan. The restricted stock will vest in two equal installments, with one-half of the shares vesting on April 15, 2025 and 2026, respectively. |
Owner Signature: |
| Signature Name: /s/ Jacob A. Waldrop |
| Signature Date: 4/16/24 |