Pulsenmore (PLSM) director discloses fully vested options in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Pulsenmore Ltd. director Racheli Guz-Lavi filed an initial Form 3 reporting derivative holdings rather than a new trade. She holds options to purchase Ordinary Shares at an exercise price of 0.032 per share, with tranches first exercisable in 2022 and 2023 and expiring on January 5, 2028. Footnotes state these options were granted on January 5, 2021, are fully vested and exercisable, and are held through a trustee to qualify for Israeli tax benefits under Section 102.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Guz-Lavi Racheli
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options to Purchase Ordinary Shares | -- | -- | -- |
| holding | Options to Purchase Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options to Purchase Ordinary Shares — 23,437 shares (Direct)
Footnotes (1)
- To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee or director in connection with the Pulsenmore Ltd. 2019 Amended Share Incentive Plan must be registered in the name of a trustee. These options were granted on January 5, 2021 and are fully vested and exercisable.
FAQ
What does the Pulsenmore (PLSM) Form 3 filed by Racheli Guz-Lavi show?
The Form 3 shows director Racheli Guz-Lavi reporting existing holdings of options to purchase Pulsenmore Ordinary Shares. It is an initial ownership report, not a new stock purchase or sale, establishing her derivative position as a company insider.
Are any of the Pulsenmore (PLSM) options held by Racheli Guz-Lavi currently exercisable?
Yes. Footnotes state the options reported by Racheli Guz-Lavi were granted on January 5, 2021 and are fully vested and exercisable. Two tranches became exercisable in 2022 and 2023, with all options expiring on January 5, 2028.
What is the exercise price of the options reported in the Pulsenmore (PLSM) Form 3?
The options reported by Racheli Guz-Lavi have an exercise price of 0.032 per share. They relate to Pulsenmore Ordinary Shares and are described as fully vested and exercisable, with an expiration date of January 5, 2028.
Why are Pulsenmore (PLSM) options held through a trustee under Section 102?
The footnotes explain that, under Section 102 of the Israeli Tax Ordinance, securities granted under the Pulsenmore 2019 Amended Share Incentive Plan must be registered in a trustee’s name for the employee or director to qualify for specific Israeli tax benefits.
Does the Pulsenmore (PLSM) Form 3 indicate any recent insider buying or selling?
No new buying or selling is indicated. The Form 3 records holdings of options rather than transactions. The transaction summary shows zero buys, zero sells, and two holding entries with an overall neutral net buy/sell direction for these derivative positions.