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4//SEC Filing

Protalix BioTherapeutics, Inc. 4

Accession 0001144204-15-070834

$PLXCIK 0001006281operating

Filed

Dec 14, 7:00 PM ET

Accepted

Dec 15, 7:30 AM ET

Size

6.6 KB

Accession

0001144204-15-070834

Insider Transaction Report

Form 4
Period: 2015-12-14
Maimon Yossi
VP, Chief Financial Officer
Transactions
  • Purchase

    Common Stock

    2015-12-14$0.78/sh+10,000$7,80010,000 total
Holdings
  • Common Stock

    (indirect: By Trust)
    185,000
Footnotes (2)
  • [F1]Represents restricted shares of common stock of Protalix BioTherapeutics, Inc., issued under its 2006 Stock Incentive Plan, as amended June 17, 2012 (the "Plan"). The restricted shares vest in 16 equal quarterly increments over a four-year period, commencing on the date of grant. In addition to the vesting period, vested restricted shares will be subject to a lock-up for a 24-month period commencing upon the vesting date. Notwithstanding the foregoing and subject to certain exceptions, the vesting period will accelerate immediately upon a Change in Control or Corporate Transaction, each as defined in the Plan, and the lock-up periods will terminate.
  • [F2]To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the Plan must be registered in the name of a trustee.

Issuer

Protalix BioTherapeutics, Inc.

CIK 0001006281

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001006281

Filing Metadata

Form type
4
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 7:30 AM ET
Size
6.6 KB