4//SEC Filing
Barlev Tuvia 4
Accession 0001213900-22-056966
CIK 0001141284other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:16 PM ET
Size
6.1 KB
Accession
0001213900-22-056966
Insider Transaction Report
Form 4
Barlev Tuvia
CEO
Transactions
- Award
Restricted Stock Units
2022-09-15+125,000→ 125,000 total→ Common Stock, $0.0001 par value (125,000 underlying)
Footnotes (1)
- [F1]The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as compensation for serving as CEO and Chaiman of the Board. The RSUs vest yearly in three equal tranches, with the first tranche vesting on May 17, 2023, the second tranche vesting on May 17, 2024, and the last tranche vesting on May 17, 2025, subject to the Reporting Person's continued engagement with the Issuer through each date that the options shall vest, unless the Reporting Person's engagement with the Issuer as both CEO and board member is terminated, in which case the unvested RSUs will vest at the termination date, based on the upcoming annual anniversary amount, pro-rated to the date of termination. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2015 Equity Incentive Plan, as amended, the form of payout of the RSUs (cash and/or stock).
Documents
Issuer
ACTELIS NETWORKS INC
CIK 0001141284
Entity typeother
Related Parties
1- filerCIK 0001927656
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:16 PM ET
- Size
- 6.1 KB