4//SEC Filing
Eilam Amir 4
Accession 0001213900-21-063560
CIK 0001021604other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 1:00 PM ET
Size
9.7 KB
Accession
0001213900-21-063560
Insider Transaction Report
Form 4
Eilam Amir
Chief Executive Officer
Transactions
- Award
Ordinary Shares
2021-12-02+255,000→ 255,000 total - Disposition to Issuer
Stock Option (right to buy)
2021-12-02−10,000→ 0 totalExercise: $0.28→ Ordinary Shares (10,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2021-12-02−25,000→ 0 totalExercise: $0.22→ Ordinary Shares (25,000 underlying)
Footnotes (3)
- [F1]Upon vesting of such ordinary shares, as described in Note 2 below, the Reporting Person shall be required to pay the par value of the shares no longer subject to restriction of NIS 0.1.
- [F2]The ordinary shares vest as follows: (i) 3,334 shares vested on 12/02/2021; (ii) 31,666 shares will vest in two equal instalments on each of 12/02/2022 and 12/02/2023; and (iii) 220,000 shares will vest in three equal instalments on each of 12/02/2022, 12/02/2023 and 12/02/2024, all subject to the terms and provisions of the Issuer's 2021 equity incentive plan.
- [F3]The options were disposed of to the Issuer according to the Reporting Person's consent to the cancellation thereof in connection with the grant of the ordinary shares listed in Table I.
Documents
Issuer
ON TRACK INNOVATIONS LTD
CIK 0001021604
Entity typeother
Related Parties
1- filerCIK 0001893788
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 1:00 PM ET
- Size
- 9.7 KB