Ceragon Networks (CRNT) director details share and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Ceragon Networks Ltd director Efrat Makov filed an initial ownership report showing direct holdings of Ordinary Shares and multiple stock option awards. The filing lists 37,680 Ordinary Shares held directly, some of which were issued upon vesting of previously granted RSUs. It also details several fully vested, immediately exercisable stock options over Ordinary Shares with exercise prices between $1.9160 and $3.0800 per share and expiration dates ranging from 2028 to 2031. This Form 3 is a snapshot of Makov’s existing equity position rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Makov Efrat
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 6,667 shares (Direct);
Ordinary Shares — 37,680 shares (Direct)
Footnotes (1)
- These shares were issued upon vesting of previously granted RSU's The Stock Options are Fully vested and immediately exercisable
FAQ
What does Ceragon Networks (CRNT) director Efrat Makov report in this Form 3?
Director Efrat Makov reports her initial equity position in Ceragon Networks, including 37,680 Ordinary Shares held directly and several stock option grants. These options are already fully vested and immediately exercisable, providing the right to buy additional Ordinary Shares at preset exercise prices.
What stock options does Efrat Makov hold in Ceragon Networks according to the Form 3?
The Form 3 lists several stock option awards over Ordinary Shares, all fully vested and immediately exercisable. Exercise prices range from $1.9160 to $3.0800 per share, with expiration dates between 2028 and 2031, giving long-dated rights to purchase Ceragon shares.
Are Efrat Makov’s Ceragon Networks options vested and exercisable?
Yes. A footnote states that the stock options reported for Efrat Makov are fully vested and immediately exercisable. This means she can choose to convert these options into Ordinary Shares at their specified exercise prices any time before the listed expiration dates.
What is the significance of the RSU vesting note in Efrat Makov’s Ceragon filing?
A footnote explains that certain Ordinary Shares were issued upon vesting of previously granted RSUs. This indicates part of Makov’s share position came from earlier restricted stock unit awards that have now fully vested and converted into regular Ceragon Networks Ordinary Shares.