Microbot Medical CMO awarded 105,000 stock options
Diaz-Cartelle Juan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Diaz-Cartelle Juan reported acquisition or exercise transactions in this Form 4 filing.
Microbot Medical Inc. reported that Chief Medical Officer Juan Diaz-Cartelle received a grant of stock options covering 105,000 shares of common stock. These options were awarded at no cost as part of his compensation.
Under the company’s 2020 Omnibus Performance Award Plan, 25% of the options will vest and become exercisable on August 18, 2026. The remaining 75% will vest in equal installments on a quarterly basis over the following 30 months, subject to possible acceleration or forfeiture under the plan terms.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 105,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The options vest as follows and in accordance with the terms of the Issuer's 2020 Omnibus Performance Award Plan, as amended (the "Plan"): (a) on August 18, 2026, the option shall vest and shall become exercisable with respect to 25% of the common stock; and (b) on a quarterly basis over the next 30 months, the option shall equally vest and become exercisable with respect to the remaining 75% of the common stock, subject to acceleration or forfeiture pursuant to the terms of the Plan.
FAQ
What insider transaction did Microbot Medical (MBOT) report on this Form 4?
How many stock options did MBOT’s Chief Medical Officer receive?
What is the vesting schedule for the 105,000 stock options at Microbot Medical?
Are the newly granted MBOT stock options immediately exercisable by the CMO?
Under which plan were the 105,000 MBOT stock options granted?
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