Michael Ferguson - 29 Dec 2021 Form 4 Insider Report for NanoVibronix, Inc. (NAOV)

Role: Director
Signature: /s/ Michael Ferguson
Issuer symbol: NAOV
Transactions as of: 29 Dec 2021
Transactions value $: $0
Form type: 4
Filing time: 30 Dec 2021, 16:01:26 UTC
Previous filing: 03 Jan 2022
Next filing: 14 Jun 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NAOV	Option to Purchase Common Stock	Award	$0	+57,500		$0	57,500	29 Dec 2021	Common Stock	57,500	$1.01	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	25% of the option vested on December 29, 2021 (the "Date of Grant"), with an additional 25% to vest on the three-month anniversary of the Date of Grant, a further 25% to vest on the six-month anniversary of the Date of Grant, and the final 25% to vest on the nine-month anniversary of the Date of Grant, in accordance with that certain option agreement entered into by and between the Issuer and the reporting person and the NanoVibronix, Inc. 2014 Long-Term Incentive Plan.

Content

25% of the option vested on December 29, 2021 (the "Date of Grant"), with an additional 25% to vest on the three-month anniversary of the Date of Grant, a further 25% to vest on the six-month anniversary of the Date of Grant, and the final 25% to vest on the nine-month anniversary of the Date of Grant, in accordance with that certain option agreement entered into by and between the Issuer and the reporting person and the NanoVibronix, Inc. 2014 Long-Term Incentive Plan.