Murphy Brian M 4
4 · NanoVibronix, Inc. · Filed Nov 4, 2020
Insider Transaction Report
Form 4
Murphy Brian M
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Option to Purchase Common Stock
2020-11-02−75,000→ 0 totalExercise: $4.75Exp: 2028-08-14→ Common Stock (75,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2020-11-02−183,359→ 0 totalExercise: $6.00Exp: 2026-11-14→ Common Stock (183,359 underlying)
Footnotes (3)
- [F1]On November 14, 2016, the reporting person was granted an option to purchase shares of common stock outside the NanoVibronix, Inc. 2014 Long-Term Incentive Plan. The option vested or vests, as applicable, in four installments as follows: (i) 1/4 of the total shares (rounded down for fractional shares) on the first anniversary of the grant date, (ii) 1/4 of the total shares (rounded down for fractional shares) on the second anniversary of the grant date, (iii) 1/4 of the total shares (rounded down for fractional shares) on the third anniversary of the grant date, and (iv) the remaining shares on the fourth anniversary of the grant date.
- [F2]The options were canceled by mutual agreement of the reporting person and NanoVibronix, Inc. The reporting person received $1.00 as the aggregate consideration for the cancellations.
- [F3]The option vested in two equal installments as follows: (i) 1/2 of the total shares on November 1, 2018, and (ii) 1/2 of the total shares on November 1, 2019.