Maris Tech (MTEK) director details 7,500-share option positions
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Maris Tech Ltd. director Avrahamy Naama Falach filed an initial Form 3 reporting holdings of share options rather than recent stock trades. The filing shows options over 2,500 ordinary shares at an exercise price of $1.0000 expiring on February 3, 2027, and options over 5,000 ordinary shares at $1.0600 expiring on March 3, 2029.
Footnotes explain that the first grant, dated February 4, 2022, vests in sixteen equal quarterly installments of 6.25% beginning three months after the grant date. The second grant, dated March 4, 2024, vests with 50% after 24 months from a vesting start date of January 15, 2024, and the remaining 50% in eight equal quarterly installments of 6.25% each.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Avrahamy Naama Falach
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share option (right to buy) | -- | -- | -- |
| holding | Share option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Share option (right to buy) — 2,500 shares (Direct)
Footnotes (1)
- The options granted on February 4, 2022. The options vest in sixteen (16) equal quarterly installments of 6.25% each, beginning three months following February 4, 2022. The options granted on March 4, 2024. The options vest according to the following schedule: (i) 50% of the options vested twenty-four (24) months following the vesting commencement date of January 15, 2024; and (ii) the remaining 50% vest in eight (8) equal quarterly installments of 6.25% each thereafter.
FAQ
What does the Maris Tech (MTEK) Form 3 for Avrahamy Naama Falach report?
The Form 3 reports initial beneficial ownership in Maris Tech. Director Avrahamy Naama Falach holds two option grants over 2,500 and 5,000 ordinary shares with exercise prices of $1.0000 and $1.0600 and expirations in 2027 and 2029, respectively.
What are the vesting terms of Falach’s February 4, 2022 Maris Tech options?
The February 4, 2022 options vest in sixteen equal quarterly installments. Each installment represents 6.25% of the grant, beginning three months after February 4, 2022, creating a structured, time-based vesting schedule over several years.
How do the March 4, 2024 Maris Tech (MTEK) options vest for Falach?
The March 4, 2024 options vest in two phases. Half of the options vest 24 months after the vesting commencement date of January 15, 2024, and the remaining half vest in eight equal quarterly installments of 6.25% each.
Does the Maris Tech Form 3 show any insider buying or selling by Falach?
The Form 3 does not show insider buying or selling transactions. It lists existing option holdings and their vesting and expiration terms, serving as an initial statement of beneficial ownership for director Avrahamy Naama Falach at Maris Tech.