Camtek (CAMT) CEO Amit Rafi reports ordinary share and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Camtek Ltd. Chief Executive Officer Amit Rafi filed a Form 3 as an officer of the company, reporting direct holdings of ordinary shares and multiple equity awards in the form of restricted stock units (RSUs) and performance stock units.
Some of the reported ordinary shares were issued upon vesting of previously granted performance or restricted stock units. The footnotes describe several RSU grants that each represent a contingent right to receive one ordinary share, with vesting schedules that start in 2024 and extend through 2027, based on continued service and using a mix of annual and quarterly vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
AMIT RAFI
Role
Chief Executive 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 — 7,467 shares (Direct)
Footnotes (1)
- These shares were issued upon vesting of previously granted performance stock units or restricted stock units ("RSUs"), which each represent a contingent right to receive one ordinary share of Camtek Ltd. (the "Company"). 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. 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. 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. 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. 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 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. 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 shares holding example: 7,467 shares
Ordinary shares holding example: 15,145 shares
Initial RSU vesting: 25%
+4 more
7 metrics
Ordinary shares holding example
7,467 shares
Direct ordinary shares, total shares following transaction entry
Ordinary shares holding example
15,145 shares
Direct ordinary shares, total shares following transaction entry
Initial RSU vesting
25%
Vests on first vesting date 01/16/2024 for one RSU grant
Subsequent quarterly RSU vesting
75%
Remaining RSUs vest in 12 equal quarterly installments after 01/16/2024
Annual RSU vesting pattern
25% per year
Four equal annual installments commencing on 02/15/2024 for one grant
Future RSU vesting start
04/01/2025
First vesting date for grants with quarterly and annual vesting thereafter
Future RSU vesting start
03/18/2026
First vesting date for a later RSU grant with quarterly vesting
Key Terms
performance stock units, restricted stock units, RSUs, contingent right, +1 more
5 terms
performance stock units financial
"These shares were issued upon vesting of previously granted performance stock units or restricted stock units"
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.
restricted stock units financial
"These shares were issued upon vesting of previously granted performance stock units or restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"The Reporting Person was granted RSUs, which each represent a contingent right to receive one ordinary share of the Company."
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 date financial
"The RSUs vest 25% on the first vesting date (03/18/2026) and the remaining 75% vest in twelve equal quarterly installments thereafter"
FAQ
What does the CAMT Form 3 filing by CEO Amit Rafi show?
The Form 3 shows that Camtek CEO Amit Rafi holds ordinary shares and several restricted stock unit (RSU) awards. These RSUs each represent a contingent right to receive one ordinary share, subject to time-based vesting schedules tied to his continued service.
Are there any buy or sell transactions in Amit Rafi’s CAMT Form 3?
The Form 3 lists holdings of ordinary shares rather than buy or sell transactions. Some ordinary shares were issued upon vesting of previously granted performance stock units or RSUs, reflecting equity compensation rather than open-market trading activity during the reported period.
How do the RSUs for CAMT CEO Amit Rafi vest over time?
The RSUs vest using several schedules: some vest 25% on an initial date, with the remaining 75% in twelve equal quarterly installments, while others vest in four equal annual installments of 25% per year, all conditioned on continued service with Camtek or its subsidiaries.
Which future dates are important for Amit Rafi’s CAMT RSU vesting?
Key vesting start dates include 01/16/2024, 02/15/2024, 04/01/2025, 03/18/2026, and 03/30/2027. On each schedule, either 25% vests initially or vesting begins in four equal annual installments, subject to his continued service through each vesting date.
What type of securities are reported in Amit Rafi’s CAMT Form 3?
The filing reports holdings of Camtek ordinary shares and related equity awards in the form of restricted stock units and performance stock units. Each RSU or performance unit represents a contingent right to receive one ordinary share of Camtek Ltd. upon vesting.