Camtek COO files initial ownership statement
Camtek Ltd Chief Operating Officer Ram Langer filed an initial Form 3 reporting his beneficial ownership of the company’s ordinary shares.
Rhea-AI Filing Summary
Camtek Ltd Chief Operating Officer Ram Langer filed an initial Form 3 reporting his beneficial ownership of the company’s ordinary shares. The filing lists several direct holdings of ordinary shares and explains that many of these shares were or will be issued upon vesting of performance stock units and restricted stock units. These equity awards generally convert into one ordinary share each and vest over multi‑year schedules, with initial vesting dates beginning on 01/16/2024 and additional installments continuing annually or quarterly through 03/30/2027, contingent on Mr. Langer’s continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Langer Ram
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 23,919 shares (Direct)
Footnotes (7)
- F1. These shares were issued upon vesting of previously granted performance stock units ("PSUs"), which each represent a contingent right to receive one ordinary share of Camtek Ltd. (the "Company").
- F2. The Reporting Person was granted RSUs, which each represent a contingent right to receive one ordinary share of the Company. The RSUs vest 25% on the first vesting date (01/16/2024) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F3. The Reporting Person was granted RSUs, which each represent a contingent right to receive one ordinary share of the Company. The RSUs vest in four equal annual installments (25% per year) commencing on 02/15/2024, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F4. The Reporting Person was granted RSUs, which each represent a contingent right to receive one ordinary share of the Company. The RSUs vest 25% on the first vesting date (04/01/2025) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F5. The Reporting Person was granted RSUs, which each represent a contingent right to receive one ordinary share of the Company. The RSUs vest in four equal annual installments (25% per year) commencing on 04/01/2025, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F6. The Reporting Person was granted RSUs, which each represent a contingent right to receive one ordinary share of the Company. The RSUs vest 25% on the first vesting date (03/18/2026) and the reamining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F7. The Reporting Person was granted RSUs, which each represent a contingent right to receive one ordinary share of the Company. The RSUs vest 25% on the first vesting date (03/30/2027) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
Key Figures
Ordinary share holding line 1: 1,380 shares
Ordinary share holding line 2: 3,629 shares
Ordinary share holding line 3: 5,105 shares
+4 more
7 metrics
Ordinary share holding line 1
1,380 shares
Direct ordinary shares, total shares following transaction entry
Ordinary share holding line 2
3,629 shares
Direct ordinary shares, total shares following transaction entry
Ordinary share holding line 3
5,105 shares
Direct ordinary shares, total shares following transaction entry
Initial RSU vesting date 1
01/16/2024
25% of an RSU grant vests on this date
Initial RSU vesting date 2
02/15/2024
First 25% of a separate RSU grant vests
Later RSU vesting start
04/01/2025
Another RSU grant begins vesting, 25% then quarterly installments
Future RSU vesting date
03/30/2027
Initial 25% vesting for a later RSU grant
Key Terms
performance stock units, RSUs, contingent right, vesting, +1 more
5 terms
performance stock units financial
"These shares were issued upon vesting of previously granted performance stock units ("PSUs")"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
RSUs financial
"The Reporting Person was granted RSUs, which each represent a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"RSUs, which each represent a contingent right to receive one ordinary share"
vesting financial
"The RSUs vest 25% on the first vesting date and the remaining 75% vest"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Ram Langer’s Form 3 for CAMT disclose?
Ram Langer’s Form 3 discloses his beneficial ownership of Camtek Ltd ordinary shares. It shows multiple direct holdings and explains that many shares come from vested or future performance stock units and restricted stock units that each convert into one ordinary share upon vesting.
What role does Ram Langer hold at CAMTEK LTD (CAMT)?
Ram Langer serves as Chief Operating Officer of Camtek Ltd. His position is noted in the Form 3, which reports his equity interests in the company, including ordinary shares tied to performance stock units and restricted stock units with multi‑year vesting schedules.
How are Ram Langer’s equity awards in CAMT structured?
Ram Langer’s equity awards consist of performance stock units and RSUs, each representing a contingent right to one ordinary share. These awards vest over time according to specified schedules, with portions vesting on initial dates and remaining amounts in quarterly or annual installments.
When do Ram Langer’s CAMT RSUs and PSUs begin vesting?
Some of Ram Langer’s awards began vesting on 01/16/2024 and 02/15/2024. Additional RSU grants start vesting on 04/01/2025, 03/18/2026, and 03/30/2027, with remaining portions vesting in annual or quarterly installments contingent on continued service.
What are the service conditions on CAMT RSUs granted to Ram Langer?
Each RSU grant to Ram Langer requires his continued service with Camtek Ltd or its subsidiaries through each vesting date. If he remains in service, the RSUs vest on scheduled dates, and each vested unit entitles him to receive one ordinary share of the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
