Foresight (NASDAQ: FRSX) CTO reports vested options for 64,286 shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Foresight Autonomous Holdings Ltd. disclosed the initial holdings of Chief Technology Officer Zruya Levy on a Form 3. Levy holds vested stock options to acquire 21,429 Ordinary Shares at an exercise price of 1.120 per share expiring on July 16, 2027, and 42,857 Ordinary Shares at the same exercise price expiring on August 27, 2028. The options granted in 2019 and 2020 are fully vested, and the issuer’s securities also trade as American Depository Shares, where one ADS represents 90 Ordinary Shares and is convertible at any time.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zruya Levy
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to buy) | -- | -- | -- |
| holding | Stock Options (Right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to buy) — 21,429 shares (Direct)
Footnotes (1)
- The Issuer's securities are listed as American Depository Shares ("ADS"), where one ADS represents 90 Ordinary Shares. Each ADS is convertible at any time, at the holder's election. The ADSs have no expiration date. The options were granted on July 16, 2020 and fully vested as of December 31, 2022. The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119 as of March 16, 2026. The options were granted on August 27,2019 and fully vested as of December 31, 2019. The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119 as of March 16, 2026.
Key Figures
Vested option underlying shares (2027): 21,429 Ordinary Shares
Vested option underlying shares (2028): 42,857 Ordinary Shares
Total underlying shares: 64,286 Ordinary Shares
+3 more
6 metrics
Vested option underlying shares (2027)
21,429 Ordinary Shares
Underlying shares for options expiring July 16, 2027
Vested option underlying shares (2028)
42,857 Ordinary Shares
Underlying shares for options expiring August 27, 2028
Total underlying shares
64,286 Ordinary Shares
Combined underlying shares from both option grants
Option exercise price
1.120 per share
Exercise price for both option grants after conversion
Original grant exercise price
NIS 3.50
Original exercise price before 3.119 conversion ratio
ADS to Ordinary Share ratio
1 ADS = 90 Ordinary Shares
Structure of Foresight Autonomous American Depository Shares
Key Terms
Stock Options (Right to buy), Ordinary Shares, American Depository Shares ("ADS"), exercise price, +1 more
5 terms
Stock Options (Right to buy) financial
"security_title: "Stock Options (Right to buy)""
exercise price financial
"The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"The options were granted on July 16, 2020 and fully vested as of December 31, 2022."
FAQ
What does the FRSX Form 3 filing by Zruya Levy show?
The Form 3 shows Chief Technology Officer Zruya Levy’s initial beneficial ownership in stock options. It details two vested option grants over Foresight Autonomous Ordinary Shares, including exercise prices, share amounts, and expiration dates, without reporting any new purchases or sales.
What are the exercise terms of Zruya Levy’s FRSX stock options?
Both option grants carry an exercise price of 1.120 per share for Foresight Autonomous Ordinary Shares. The options were originally granted at NIS 3.50 and converted using a 3.119 ratio as of March 16, 2026, with all grants fully vested.
When do Zruya Levy’s stock options in FRSX expire?
Zruya Levy’s vested stock options expire on two dates: July 16, 2027, for 21,429 underlying Ordinary Shares, and August 27, 2028, for 42,857 underlying Ordinary Shares. After these dates, any unexercised options from these grants will lapse.