Maris Tech (MTEK) CEO discloses share and stock option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Maris Tech Ltd. director and Chief Executive Officer Bar Israel filed an initial statement of beneficial ownership. The filing shows direct ownership of 2,483,425 ordinary shares and share options to acquire 240,000 ordinary shares at an exercise price of $1.0000 per share, expiring on March 3, 2029. According to the vesting terms, 50% of these options vest twenty-four months after the vesting commencement date of January 15, 2024, with the remaining 50% vesting in eight equal quarterly installments of 6.25% each thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bar Israel
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share option (right to buy) | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Share option (right to buy) — 240,000 shares (Direct);
Ordinary shares — 2,483,425 shares (Direct)
Footnotes (1)
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FAQ
What does the Maris Tech (MTEK) Form 3 filing show for Bar Israel?
The Form 3 shows Bar Israel’s initial ownership in Maris Tech, including 2,483,425 ordinary shares and options for 240,000 additional shares. It establishes his baseline stake as a director and Chief Executive Officer.
What stock options are reported for Bar Israel in Maris Tech (MTEK)?
Bar Israel holds share options to buy 240,000 Maris Tech ordinary shares at $1.0000 per share, expiring on March 3, 2029. These options represent a potential future increase in his ownership if exercised.
How do Bar Israel’s Maris Tech (MTEK) options vest over time?
The options granted on March 4, 2024, vest in two phases. Half vest twenty-four months after the vesting commencement date of January 15, 2024, and the remaining half vest in eight equal quarterly installments of 6.25% each thereafter.