Yoseph Bornstein - 02 Nov 2023 Form 4 Insider Report for Microbot Medical Inc. (MBOT)

Role
Director
Signature
/s/ Yoseph Bornstein
Issuer symbol
MBOT
Transactions as of
02 Nov 2023
Net transactions value
$0
Form type
4
Filing time
06 Nov 2023, 16:15:24 UTC
Previous filing
23 Sep 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 MBOT Stock Option (Right to Buy) Award $0 +74,218 $0.000000 74,218 02 Nov 2023 Common Stock, par value $0.01 per share 74,218 $1.28 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest as follows and in accordance with the terms of the Issuer's 2020 Omnibus Performance Award Plan, as amended: (a) on May 2, 2024, the option shall vest and shall become exercisable with respect to 25% of the common stock; and (b) on a quarterly basis over the next 30 months, the option shall equally vest and become exercisable with respect to the remaining 75% of the common stock.