105K stock options granted to Microbot Medical (MBOT) General Manager, CTO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sharon Simon reported acquisition or exercise transactions in this Form 4 filing.
Microbot Medical Inc. reported that General Manager and CTO Sharon Simon was granted stock options covering 105,000 shares of common stock. According to the company’s 2020 Omnibus Performance Award Plan, 25% of the options vest and become exercisable on August 18, 2026, with the remaining 75% vesting in equal quarterly installments over the following 30 months, subject to the plan’s acceleration or forfeiture provisions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sharon Simon
Role
General Manager, CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 105,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 105,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Microbot Medical (MBOT) report for Sharon Simon?
Microbot Medical reported a grant of stock options to General Manager and CTO Sharon Simon covering 105,000 shares of common stock. The award is structured under the company’s 2020 Omnibus Performance Award Plan, reflecting equity-based compensation rather than an open-market share purchase.
How many stock options did Sharon Simon receive from Microbot Medical (MBOT)?
Sharon Simon received stock options for 105,000 shares of Microbot Medical common stock. These options were reported on a Form 4 and represent a single derivative transaction categorized as a grant or award acquisition under the company’s 2020 Omnibus Performance Award Plan.
When do Sharon Simon’s Microbot Medical (MBOT) stock options start vesting?
The stock options begin vesting on August 18, 2026, when 25% of the grant becomes exercisable. After this initial cliff vesting date, the remaining 75% of the options vest in equal quarterly installments over the following 30 months, subject to plan terms.
What is the vesting schedule for the 105,000 Microbot Medical (MBOT) options?
The options vest in two stages: 25% vests and becomes exercisable on August 18, 2026, and the remaining 75% vests equally on a quarterly basis over the next 30 months. Vesting may accelerate or be forfeited under the 2020 Omnibus Performance Award Plan.
Is Sharon Simon’s Microbot Medical (MBOT) option grant an acquisition or sale?
The transaction is classified as an acquisition through a grant or award of derivative securities, not a sale. Form 4 data label it under transaction code “A” for grant, award, or other acquisition, with Sharon Simon holding the options as a direct owner.
Under which plan were Sharon Simon’s Microbot Medical (MBOT) options granted?
The options were granted under Microbot Medical’s 2020 Omnibus Performance Award Plan, as amended. This plan governs vesting terms, exercisability, and potential acceleration or forfeiture conditions that apply to the 105,000-share stock option award reported on the Form 4.