Beamr Imaging (NASDAQ: BMR) director details unvested stock option grants
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Beamr Imaging Ltd. director Pedragosa Lluis filed an initial Form 3 showing two stock option grants. One option covers 19,000 ordinary shares at an exercise price of 4.0000 expiring on February 27, 2033, and another covers 20,000 shares at 1.6500 expiring on February 27, 2036.
As of this filing, options to purchase 0 ordinary shares are vested and exercisable. The remaining options begin vesting on April 1, 2026 in 35 equal monthly installments of 556 options, with 540 options vesting in the 36th month, subject to continued service. Certain tax benefits require the securities to be held in the name of a trustee under Israeli tax rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pedragosa Lluis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option to Purchase Ordinary Shares | -- | -- | -- |
| holding | Option to Purchase Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Option to Purchase Ordinary Shares — 19,000 shares (Direct)
Footnotes (1)
- As of the date of this Form 3, options to purchase 0 ordinary shares are vested and currently exercisable. The remaining options vest and become exercisable beginning on April 1, 2026 in 35 equal installments of 556 options on a monthly basis thereafter and 540 options shall vest upon the 36th calendar month), subject to the Reporting Person's continued service. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the Beamr Imaging Ltd. 2015 Share Incentive Plan must be registered in the name of a trustee.
FAQ
What does Beamr Imaging (BMR) disclose in Pedragosa Lluis’s Form 3?
The Form 3 discloses that director Pedragosa Lluis holds two option grants over ordinary shares, with exercise prices of 4.0000 and 1.6500 and expirations in 2033 and 2036. It establishes his initial derivative holdings as an insider.
When do Pedragosa Lluis’s Beamr Imaging (BMR) options start vesting?
According to the Form 3 footnote, none of the options are currently vested. Vesting begins on April 1, 2026 in 35 equal monthly installments of 556 options, with 540 additional options vesting in the 36th calendar month, contingent on continued service.
Are any of Lluis’s Beamr Imaging (BMR) options currently exercisable?
The filing states that as of the Form 3 date, options to purchase 0 ordinary shares are vested and currently exercisable. All option grants remain unvested and will vest over time starting April 1, 2026, assuming the director continues in service.
Why are Beamr Imaging (BMR) options registered in a trustee’s name?
The footnote explains that to qualify for tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee under the 2015 Share Incentive Plan must be registered in a trustee’s name. This structure is for tax treatment, not a change in economic exposure.