BRAINSTORM CELL (BCLI) director receives 225,000 stock options at $0.70 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HARTOUNIAN HARTOUN reported acquisition or exercise transactions in this Form 4 filing.
BRAINSTORM CELL THERAPEUTICS INC. director Hartoun Hartoun received a grant of stock options to buy 225,000 shares of common stock at $0.70 per share. These options were granted under the company’s 2014 Stock Incentive Plan and expire on February 26, 2036.
The award vests over a short period: 50% of the options vest on the grant date and the remaining 50% vest on the six‑month anniversary, as long as Hartoun remains employed through each vesting date. After this grant, he holds 225,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HARTOUNIAN HARTOUN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 225,000 | $0.70 | $158K |
Holdings After Transaction:
Stock Option (Right to Buy) — 225,000 shares (Direct, null)
Footnotes (1)
- Represents options to purchase common stock, granted under the Issuer's 2014 Stock Incentive Plan. The Stock Options shall vest as to (i) 50% of the award on the date of grant and (ii) the remaining 50% of the award shall vest on the six-month anniversary of the date of grant, provided that the Reporting Person remains employed by the Issuer through each applicable vesting date.
Key Figures
Options granted: 225,000 options
Exercise price: $0.70 per share
Underlying shares: 225,000 shares
+4 more
7 metrics
Options granted
225,000 options
Stock Option (Right to Buy) grant on February 26, 2026
Exercise price
$0.70 per share
Conversion or exercise price for granted options
Underlying shares
225,000 shares
Common Stock underlying the stock options
Post-transaction options held
225,000 options
Total derivative securities following the grant
Option expiration date
February 26, 2036
Expiration of Stock Option (Right to Buy)
Initial vesting
50% on grant date
Vesting condition from footnote F2
Remaining vesting
50% at six-month anniversary
Subject to continued employment with issuer
Key Terms
Stock Option (Right to Buy), 2014 Stock Incentive Plan, vesting, Common Stock
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
2014 Stock Incentive Plan financial
"granted under the Issuer's 2014 Stock Incentive Plan"
vesting financial
"The Stock Options shall vest as to (i) 50% of the award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did BCLI director Hartoun Hartoun report on this Form 4?
Hartoun Hartoun reported receiving a grant of stock options for 225,000 shares of BCLI common stock. The options are a compensation-related award, giving him the right to buy shares at a fixed exercise price of $0.70 per share.
What is the exercise price and expiration date of the BCLI options granted to Hartoun Hartoun?
The granted stock options have an exercise price of $0.70 per share and expire on February 26, 2036. This means he can choose to purchase BCLI common shares at $0.70 any time before that expiration date, subject to vesting.
How do the BCLI stock options granted to Hartoun Hartoun vest?
The stock options vest in two equal tranches: 50% of the award vests on the grant date and the remaining 50% vests six months later. Vesting is conditioned on Hartoun remaining employed by BRAINSTORM CELL THERAPEUTICS INC. through each applicable vesting date.
How many BCLI options does Hartoun Hartoun hold after this Form 4 transaction?
After this grant, Hartoun Hartoun holds 225,000 stock options directly. Each option corresponds to one share of BCLI common stock, so the position represents rights over 225,000 underlying shares if exercised according to the plan’s terms.
Is the BCLI Form 4 transaction an open-market buy or sell of common stock?
No, this Form 4 reports a grant of stock options, not an open-market trade in common stock. The transaction is coded as a grant or award (code A), reflecting compensation rather than a market purchase or sale of existing BCLI shares.