Audiocodes CEO reports initial share ownership
Audiocodes Ltd President and Chief Executive Shabtai Adlersberg filed an initial ownership report showing substantial direct holdings of 4,712,253 Ordinary Shares.
Rhea-AI Filing Summary
Audiocodes Ltd President and Chief Executive Shabtai Adlersberg filed an initial ownership report showing substantial direct holdings of 4,712,253 Ordinary Shares. He also holds a stock option over 15,000 Ordinary Shares at an exercise price of $15.9300 per share, expiring on June 14, 2026. Footnotes describe multiple restricted stock unit grants that each convert into one Ordinary Share and vest in sixteen equal quarterly installments over four years, with first vesting dates on December 14, 2022, December 14, 2023, December 14, 2024, and December 14, 2025, subject to continued service.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (5)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audicodes Ltd (the "Company"). The RSUs vest in sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 12/14/2022 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F2. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audicodes Ltd (the "Company"). The RSUs vest in sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 12/14/2023 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F3. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audicodes Ltd (the "Company"). The RSUs vest in sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 12/14/2024 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F4. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Audicodes Ltd (the "Company"). The RSUs vest in sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 12/14/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F5. The Options vest in sixteen equal quarterly installments over a four-year period with the first quarterly vesting date on 09/14/2019 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
FAQ
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What insider position does Shabtai Adlersberg report at AUDC?
What stock options does the Audiocodes (AUDC) CEO hold?
How do the RSUs for the Audiocodes (AUDC) CEO vest?
Does this Audiocodes (AUDC) Form 3 show any stock buying or selling?
What does a Form 3 filing mean for Audiocodes (AUDC) investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.