Microbot Medical grants 105K options to CTO
Sharon Simon reported acquisition or exercise transactions in this Form 4 filing.
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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.
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
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What insider transaction did Microbot Medical (MBOT) report for Sharon Simon?
How many stock options did Sharon Simon receive from Microbot Medical (MBOT)?
When do Sharon Simon’s Microbot Medical (MBOT) stock options start vesting?
What is the vesting schedule for the 105,000 Microbot Medical (MBOT) options?
Is Sharon Simon’s Microbot Medical (MBOT) option grant an acquisition or sale?
Under which plan were Sharon Simon’s Microbot Medical (MBOT) options granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.