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BioLineRx (BLRX) director Dar Rami reports multiple employee stock option grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

BioLineRx Ltd. director Dar Rami reported initial holdings of employee stock options over Ordinary Shares. The Form 3 shows several option grants with exercise prices between $0.052 and $0.085, expiring between 2032 and 2034, granted under the 2003 Amended and Restated Share Incentive Plan.

One grant over 2,055,000 underlying shares at an exercise price of $0.052 includes 856,200 options vested as of the appointment date, with the remaining 1,198,800 vesting in seven equal quarterly installments, subject to continued service.

Positive

  • None.

Negative

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Insider Dar Rami
Role Director
Type Security Shares Price Value
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
holding Employee Stock Option (Right to Buy) -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 1,080,000 shares (Direct)
Footnotes (1)
  1. Options granted under the 2003 Amended and Restated Share Incentive Plan. The grant date of this grant is July 3, 2022. This option grant is fully vested as of this date. The grant date of this grant is July 3, 2023. This option grant is fully vested as of this date. The grant date of this grant is July 3, 2024. This option grant is fully vested as of this date. The grant date of this grant is October 1, 2024. As of this date, 856,200 of the options were vested as of the date of appointment. The remaining 1,198,800 options will vest in 7 equal quarterly installments, subject to the Reporting Person's continued service to the Issuer as of each vesting date. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the 2003 Amended and Restated Share Incentive Plan must be registered in the name of a trustee.
Option grant 1 1,080,000 shares at $0.085 Employee Stock Option, expires July 3, 2032
Option grant 2 360,000 shares at $0.081 Employee Stock Option, expires July 3, 2033
Option grant 3 360,000 shares at $0.085 Employee Stock Option, expires July 3, 2032
Option grant 4 2,055,000 shares at $0.052 Employee Stock Option, expires August 14, 2034
Vested portion of 2024 grant 856,200 options vested Vested as of appointment date on October 1, 2024
Unvested portion of 2024 grant 1,198,800 options unvested To vest in seven equal quarterly installments
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)""
2003 Amended and Restated Share Incentive Plan financial
"Options granted under the 2003 Amended and Restated Share Incentive Plan."
Ordinary Shares financial
"underlying_security_title: "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
Section 102 of the Israeli Tax Ordinance regulatory
"To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance,"
vesting financial
"The remaining 1,198,800 options will vest in 7 equal quarterly installments,"
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.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Dar Rami

(Last)(First)(Middle)
C/O BIOLINERX LTD.
2 HAMA'AYAN STREET

(Street)
MODII'N7177871

(City)(State)(Zip)

ISRAEL

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
BioLineRx Ltd. [ BLRX ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)(1)(2)10/03/202207/03/2032Ordinary Shares1,080,000$0.085D
Employee Stock Option (Right to Buy)(1)(3)10/03/202307/03/2033Ordinary Shares360,000$0.081D
Employee Stock Option (Right to Buy)(1)(4)10/03/202407/03/2032Ordinary Shares360,000(6)$0.085D
Employee Stock Option (Right to Buy)(1)(5)01/01/202508/14/2034Ordinary Shares2,055,000(6)$0.052D
Explanation of Responses:
1. Options granted under the 2003 Amended and Restated Share Incentive Plan.
2. The grant date of this grant is July 3, 2022. This option grant is fully vested as of this date.
3. The grant date of this grant is July 3, 2023. This option grant is fully vested as of this date.
4. The grant date of this grant is July 3, 2024. This option grant is fully vested as of this date.
5. The grant date of this grant is October 1, 2024. As of this date, 856,200 of the options were vested as of the date of appointment. The remaining 1,198,800 options will vest in 7 equal quarterly installments, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
6. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the 2003 Amended and Restated Share Incentive Plan must be registered in the name of a trustee.
/s/ Rami Dar03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the BioLineRx (BLRX) Form 3 for Dar Rami show?

The Form 3 shows that director Dar Rami holds several employee stock options over BioLineRx Ordinary Shares. These options have exercise prices from $0.052 to $0.085 and expiration dates between 2032 and 2034, all granted under the 2003 Amended and Restated Share Incentive Plan.

How many BioLineRx (BLRX) shares are covered by Dar Rami’s options?

The filing lists option grants over 1,080,000, 360,000, 360,000 and 2,055,000 underlying Ordinary Shares. Each grant is tied to a specific exercise price and expiration date, reflecting Dar Rami’s potential future ownership if these employee stock options are exercised.

What are the exercise prices of Dar Rami’s BioLineRx (BLRX) stock options?

The reported employee stock options carry exercise prices of $0.085, $0.081, $0.085 and $0.052 per Ordinary Share. These exercise prices, disclosed in the Form 3, define the cost at which Dar Rami can purchase BioLineRx shares through the respective option grants.

How do Dar Rami’s BioLineRx (BLRX) options vest over time?

The filing notes one grant dated October 1, 2024, where 856,200 options were vested as of the appointment date. The remaining 1,198,800 options from this grant will vest in seven equal quarterly installments, subject to Dar Rami’s continued service to BioLineRx at each vesting date.

When do Dar Rami’s BioLineRx (BLRX) stock options expire?

The option grants reported in the Form 3 have expiration dates of July 3, 2032, July 3, 2033, July 3, 2032 and August 14, 2034. These dates indicate the final day on which each employee stock option can be exercised for BioLineRx Ordinary Shares.

Under which plan were Dar Rami’s BioLineRx (BLRX) options granted?

All of the reported employee stock options were granted under BioLineRx’s 2003 Amended and Restated Share Incentive Plan. A footnote explains that, to qualify for certain Section 102 Israeli tax benefits, securities issued to employees must be registered in a trustee’s name.
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