BrainStorm director granted 200,000 RSUs
FRENKEL JACOB A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
FRENKEL JACOB A reported acquisition or exercise transactions in this Form 4 filing.
BrainStorm Cell Therapeutics director Jacob A. Frenkel received a grant of 200,000 shares of Common Stock in the form of restricted stock units. The award was made at a stated price of $0.00 per share as stock-based compensation, rather than an open-market purchase.
According to the grant terms, 50% of the RSUs vest on the grant date and the remaining 50% vest on the six-month anniversary of that date, if he remains employed by the company. After this award, Frenkel directly holds 243,777 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 200,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of restricted stock units ("RSUs") awarded under the 2014 Global Share Option Plan. The RSUs 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
Key Terms
restricted stock units ("RSUs") financial
vesting financial
Form 4 regulatory
Common Stock financial
FAQ
What did BRAINSTORM CELL THERAPEUTICS (BCLI) disclose about Jacob A. Frenkel?
How do Jacob A. Frenkel’s RSUs in BCLI vest over time?
Was Jacob A. Frenkel’s BCLI transaction a market purchase or a compensation grant?
Under which plan were Jacob A. Frenkel’s BCLI RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.