Brainsway (OTC: BRSYF) director discloses substantial option and RSU awards
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Brainsway Ltd. director Amiram Boehm filed an initial ownership report showing equity awards tied to the company’s ordinary shares. He holds stock options covering 75,000 ordinary shares granted in February 2023 and 37,500 ordinary shares granted in March 2024, each with quarterly vesting through 2027–2028. He also reports 18,750 unvested restricted stock units that vest quarterly until March 5, 2028, each representing a contingent right to receive one ordinary share. The options carry exercise prices of NIS 4.56 and NIS 11.17 per share and may be exercised into ordinary shares or American Depositary Shares on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Boehm Amiram
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 75,000 shares (Direct);
Ordinary Shares — 18,750 shares (Direct)
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share. This figure includes unvested restricted stock units ("RSUs") to receive 18,750 ordinary shares that vest quarterly until March 5, 2028, with each RSU representing a contingent right to receive one ordinary share. Stock options were granted on February 9, 2023, with the remaining options to purchase 75,000 ordinary shares vesting in equal quarterly installments until February 13, 2027. The exercise price is NIS 4.56 per share. Stock options were granted on March 5, 2024, with the remaining options to purchase 37,500 ordinary shares vesting in equal quarterly installments until March 5, 2028. The exercise price is NIS 11.17 per share.
FAQ
What does Brainsway (BRSYF) director Amiram Boehm report on his Form 3?
Amiram Boehm reports initial ownership in Brainsway through stock options and restricted stock units. He holds options over 75,000 and 37,500 ordinary shares plus 18,750 unvested RSUs, all vesting quarterly through 2027–2028, reflecting a compensation-based equity position rather than recent trading.
How many Brainsway (BRSYF) stock options does Amiram Boehm hold?
Amiram Boehm holds Brainsway stock options linked to 75,000 ordinary shares from February 2023 and 37,500 ordinary shares from March 2024. These option grants vest in equal quarterly installments through 2027 and 2028, providing long-term, performance-aligned exposure to Brainsway’s equity.
What are the exercise prices of Amiram Boehm’s Brainsway (BRSYF) options?
Boehm’s February 2023 Brainsway options have an exercise price of NIS 4.56 per share, while his March 2024 options are priced at NIS 11.17. Both series vest quarterly over several years, giving him the right to purchase ordinary shares at these fixed prices.
When do Amiram Boehm’s Brainsway (BRSYF) stock options expire?
Boehm’s Brainsway stock options linked to the February 2023 grant expire on February 9, 2033, and those from the March 2024 grant expire on March 5, 2034. These long-dated expirations support extended alignment with the company’s long-term performance trajectory.
How many Brainsway (BRSYF) RSUs does Amiram Boehm hold and how do they vest?
Boehm holds 18,750 unvested restricted stock units in Brainsway, each representing a contingent right to one ordinary share. These RSUs vest quarterly until March 5, 2028, gradually converting into shares as service or other vesting conditions are satisfied over time.