Home/Filings/4/0001144204-15-069180
4//SEC Filing

BRAINSTORM CELL THERAPEUTICS INC. 4

Accession 0001144204-15-069180

$BCLICIK 0001137883operating

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 4:05 PM ET

Size

6.4 KB

Accession

0001144204-15-069180

Insider Transaction Report

Form 4
Period: 2015-12-01
Bibring Yoram
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2015-12-01+82,50082,500 total
    Exercise: $3.17From: 2016-07-30Exp: 2025-07-30Common Stock (82,500 underlying)
Footnotes (1)
  • [F1]Effective December 1, 2015, the option granted by the Issuer to the Reporting Person on July 30, 2015 was amended such that 82,500 of the 165,000 shares are cancelled. The 82,500 remaining shares continue to vest and become exercisable in accordance with their terms: 20,625 shares vest and become exercisable on July 30, 2016 and 2.08333% of the 82,500 shares vest and become exercisable on each monthly anniversary date starting on August 30, 2016 through the fourth anniversary of the grant, so that the 82,500 shares will become fully vested and exercisable on July 30, 2019. In connection with the cancellation the Reporting Person became a half-time employee of the Issuer, but received no cash consideration for the cancellation.

Issuer

BRAINSTORM CELL THERAPEUTICS INC.

CIK 0001137883

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001137883

Filing Metadata

Form type
4
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:05 PM ET
Size
6.4 KB