BrainStorm Cell (BCLI) grants director Naor Nir 180K stock options
Rhea-AI Filing Summary
BrainStorm Cell Therapeutics director Naor Nir received a new stock option grant. He was awarded options to buy 180,000 shares of common stock at an exercise price of $0.70 per share under the company’s 2014 Stock Incentive Plan.
According to the vesting terms, 50% of the options vest on the grant date, and the remaining 50% vest on the six‑month anniversary of the grant date, provided he remains employed by the company through each vesting date. Following this award, he holds options covering 180,000 shares from this grant, which expire on February 26, 2036.
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Insights
Routine option grant compensates a director with equity-linked incentives.
Director Naor Nir received stock options for 180,000 shares of BrainStorm Cell Therapeutics common stock at an exercise price of $0.70 per share. The award is classified as a grant or other acquisition, not an open-market purchase.
The options vest 50% on the grant date and 50% after six months, contingent on continued employment, and expire on February 26, 2036. This structure ties part of his compensation to the company’s long-term share performance without immediate cash outlay.
Because there are no sales or exercises reported and no remaining derivative positions beyond this grant in the excerpt, the filing mainly documents a standard equity incentive award rather than a directional trading signal by the director.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 180,000 | $0.70 | $126K |
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.