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4//SEC Filing

BLUE SPHERE CORP. 4

Accession 0001387131-16-008654

CIK 0001419582operating

Filed

Dec 20, 7:00 PM ET

Accepted

Dec 21, 4:08 PM ET

Size

5.6 KB

Accession

0001387131-16-008654

Insider Transaction Report

Form 4
Period: 2016-12-20
PALAS SHLOMO
Chief Executive Officer
Transactions
  • Award

    Common Stock, par value $0.001 per share

    2016-12-20+950,0004,315,491 total
Footnotes (2)
  • [F1]The 950,000 shares of Common Stock acquired by the reporting person represent 950,000 shares issuable pursuant to Mr. Palas' Service Agreement with Blue Sphere Corporation, dated November 15, 2015, which vested on the one-year anniversary.
  • [F2]Mr. Palas received a stock award pursuant to the Company's 2014 Incentive Plan on February 24, 2015 for 3,600,000 shares of Common Stock, which vests in quarterly installments. As of the date of this report, 1,500,000 of such shares have vested and been issued, 1,350,000 shares have vested but have not yet been issued, and 750,000 shares remain to be vested. The 2,100,000 shares that have not yet vested and/or been issued are not included in the number of securities beneficially owned in Table I, Column 5 of this report.

Issuer

BLUE SPHERE CORP.

CIK 0001419582

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001419582

Filing Metadata

Form type
4
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 4:08 PM ET
Size
5.6 KB