Microbot Medical grants CEO 480,000 stock options
Gadot Harel reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Gadot Harel reported acquisition or exercise transactions in this Form 4 filing.
Microbot Medical Inc. reported that Chairman, President and CEO Harel Gadot received a grant of stock options covering 480,000 shares of common stock. These options were awarded under the company’s 2020 Omnibus Performance Award Plan.
According to the grant terms, 25% of the option vests and becomes exercisable on August 18, 2026. The remaining 75% vests and becomes exercisable in equal installments on a quarterly basis over the following 30 months, subject to the plan’s provisions on possible acceleration or forfeiture.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 480,000 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Microbot Medical (MBOT) report for Harel Gadot?
How many stock options were granted to the MBOT CEO in this Form 4?
What is the vesting schedule for Harel Gadot’s 480,000 MBOT stock options?
Is the insider transaction in MBOT’s Form 4 a purchase or an award?
Does Harel Gadot directly own the MBOT stock options reported in this filing?
What plan governs the stock option award reported for MBOT’s CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.