Koren Ofir 4
4 · ReWalk Robotics Ltd. · Filed Oct 6, 2017
Insider Transaction Report
Form 4
Koren Ofir
Snr VP, Research & Development
Transactions
- Disposition to Issuer
Option (Right to buy)
2017-10-04−5,657→ 0 totalExercise: $20.77Exp: 2024-12-15→ Ordinary Shares (5,657 underlying) - Award
Ordinary Shares, par value NIS 0.01 per share
2017-10-05+13,401→ 26,966 total(indirect: ESOP) - Disposition to Issuer
Option (Right to buy)
2017-10-04−25,000→ 0 totalExercise: $8.00Exp: 2025-09-25→ Ordinary Shares (25,000 underlying) - Disposition to Issuer
Option (Right to buy)
2017-10-04−17,950→ 0 totalExercise: $9.44Exp: 2026-05-18→ Ordinary Shares, par value NIS 0.01 per share (17,950 underlying)
Footnotes (4)
- [F1]Represents 13,401 Ordinary Shares issuable upon the vesting of restricted stock units ("RSUs") granted under the ReWalk Robotics Ltd. Incentive Compensation Plan (the "2014 Plan") on October 5, 2017 as part of the equity exchange program, which commenced on September 6, 2017 and expired on October 4, 2017. The RSUs vest in three equal annual installments starting on the first anniversary of the date of grant, and may only be settled in Ordinary Shares.
- [F2]Represents stock options granted under the 2014 Plan on December 15, 2014. The options were cancelled on October 4, 2017 as part of the equity exchange program and were replaced with RSUs. The cancelled options become vested and exercisable in 12 equal quarterly installments starting on the first anniversary of the date of grant.
- [F3]Represents stock options granted under the 2014 Plan on September 25, 2015. The options were cancelled on October 4, 2017 as part of the equity exchange program and were replaced with RSUs. The cancelled options become vested and exercisable in 12 equal quarterly installments starting on the first anniversary of the date of grant.
- [F4]Represents stock options granted under the 2014 Plan on May 18, 2016. The options were cancelled on October 4, 2017 as part of the equity exchange program and were replaced with RSUs. One fourth of the cancelled options become vested and exercisable on the first anniversary of the date of the grant, with the remaining options vesting in twelve equal quarterly installments thereafter.