Maris Tech (MTEK) director Weiss Amitay reports 25,000-share option stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Maris Tech Ltd. director Weiss Amitay has reported existing option holdings, not new share purchases or sales. The filing shows two share option awards over ordinary shares: one covering 10,000 shares at an exercise price of $1.0000 per share, expiring on February 3, 2027, and another covering 15,000 shares at $1.0600 per share, expiring on March 3, 2029. The first grant, made on February 4, 2022, vests in sixteen equal quarterly installments of 6.25% beginning three months after that date. The second grant, made on March 4, 2024 with a vesting commencement date of January 15, 2024, vests 50% after twenty-four months and the remaining 50% in eight quarterly installments of 6.25% each.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weiss Amitay
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) — 10,000 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 did Maris Tech (MTEK) director Weiss Amitay report on this Form 3?
Weiss Amitay reported existing holdings of share options over Maris Tech ordinary shares. The filing lists two option grants with defined exercise prices, expiration dates, and vesting schedules, but does not show any new market purchases or sales of the underlying shares.
What are the exercise prices and expirations of Weiss Amitay’s Maris Tech options?
One option grant covers 10,000 ordinary shares at $1.0000 per share, expiring on February 3, 2027. The second covers 15,000 ordinary shares at $1.0600 per share, expiring on March 3, 2029, both held directly by Amitay.
How do Weiss Amitay’s Maris Tech (MTEK) options vest over time?
The 2022 grant vests in sixteen equal quarterly installments of 6.25%, starting three months after February 4, 2022. The 2024 grant vests 50% after twenty-four months from January 15, 2024, with the remaining 50% in eight quarterly installments of 6.25% each.
Does this Maris Tech Form 3 show insider buying or selling activity?
No, this Form 3 records existing option holdings for director Weiss Amitay. It lists the size, pricing, vesting, and expiration of two option grants, but does not report open-market purchases or sales of Maris Tech ordinary shares in this disclosure.