Pulsenmore (PLSM) VP Software Development discloses shares and option grant
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Pulsenmore Ltd. filed an initial ownership report for VP Software Development Shmouely Meir. He directly holds 13,812 Ordinary Shares and options over 6,093 Ordinary Shares with a $6.41 exercise price, vesting from February 1, 2027 through February 1, 2030 under the 2019 share incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shmouely Meir
Role
VP Software Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options to Purchase Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Options to Purchase Ordinary Shares — 6,093 shares (Direct);
Ordinary Shares — 13,812 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. The options were granted on October 3, 2021. The options will vest and become exercisable as follows: 1,523 options on February 1, 2027, and the remaining portion in twelve equal quarterly installments thereafter, beginning May 1, 2027 and ending February 1, 2030, in each case subject to the Reporting Person's continued service. The exercise price of this option, originally denominated in New Israeli Shekels ("NIS") in the amount of NIS 19.896, is presented in the table in U.S. dollars ("USD") based on the exchange rate reported by the Bank of Israel on March 11, 2026, which was NIS 3.106 = USD 1.00.
FAQ
What does Pulsenmore (PLSM) disclose in Shmouely Meir’s Form 3?
Pulsenmore reports that VP Software Development Shmouely Meir holds 13,812 Ordinary Shares and options over 6,093 Ordinary Shares. This Form 3 is an initial ownership statement, establishing his equity position as an insider at the company.
What is the exercise price and term of Shmouely Meir’s Pulsenmore options?
The options have a stated exercise price of $6.41 per share and expire on February 1, 2033. They represent the right to acquire 6,093 Ordinary Shares if exercised before that expiration date, subject to the vesting schedule and continued service.
How do Shmouely Meir’s Pulsenmore options vest over time?
The options vest in stages: 1,523 options on February 1, 2027, with the remaining options vesting in twelve equal quarterly installments from May 1, 2027 through February 1, 2030. Vesting depends on his continued service with Pulsenmore Ltd.
Under which plan were Shmouely Meir’s Pulsenmore (PLSM) options granted?
The options were granted under Pulsenmore Ltd.’s 2019 Amended Share Incentive Plan. This plan governs equity awards to employees and directors, including vesting conditions and tax-related provisions that apply to the options and any resulting share ownership.
Why are Pulsenmore (PLSM) employee securities registered in a trustee’s name?
To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, employee or director securities connected to Pulsenmore’s 2019 Amended Share Incentive Plan must be registered in a trustee’s name, rather than directly in the individual’s name.
How was the Pulsenmore option exercise price translated from NIS to USD?
The original option exercise price was denominated in New Israeli Shekels at NIS 19.896 per share. It is presented in the filing in U.S. dollars using a Bank of Israel exchange rate of NIS 3.106 per USD reported on March 11, 2026.