4//SEC Filing
Mazaltov Avi 4
Accession 0001493152-23-025950
CIK 0000764195other
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 6:30 PM ET
Size
6.4 KB
Accession
0001493152-23-025950
Insider Transaction Report
Form 4
Mazaltov Avi
Head Global MFG&GM-SciVac Ltd.
Transactions
- Award
Option (Right to Buy Common Shares)
2023-07-27+52,500→ 52,500 totalExercise: $1.30Exp: 2033-07-27→ Common Shares (52,500 underlying)
Footnotes (2)
- [F1]The reporting person is a participant in the Issuer's Incentive Plan (the "Plan"). The board of directors of the Issuer approved the option grant on July 27, 2023 (the "Grant Date"). The options were granted pursuant to that certain option agreement entered into by and between the Issuer and the reporting person, dated July 27, 2023 (the "Option Agreement"). 25% of the options vest and become exercisable on the one-year anniversary of the Grant Date, with the remaining 75% of the options vesting and becoming exercisable in 24 equal monthly installments beginning on the first day of the month following the one-year anniversary of the Grant Date, subject to the reporting person's employment on the relevant vesting date.
- [F2]The options expire 10 years from the Grant Date unless terminated sooner in accordance with the Plan or the Option Agreement.
Documents
Issuer
VBI Vaccines Inc/BC
CIK 0000764195
Entity typeother
Related Parties
1- filerCIK 0001729424
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 6:30 PM ET
- Size
- 6.4 KB