Pulsenmore (PLSM) director reports option grants and vesting terms
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Pulsenmore Ltd. director Anat Loewenstein filed an initial ownership report showing holdings of options to purchase ordinary shares. The options carry an exercise price of $44.0400 per share and are scheduled to expire on August 10, 2028.
The options were granted on August 10, 2021. According to the filing, 20,508 options are already fully vested and exercisable, while 1,464 additional options vest on May 10, 2026 and 1,465 on August 10, 2026. To qualify for certain Israeli tax benefits, these securities must be registered in a trustee’s name under Pulsenmore’s 2019 Amended Share Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Loewenstein Anat
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. The options were granted on August 10, 2021 and are fully vested and exercisable. The exercise price of this option, originally denominated in New Israeli Shekels ("NIS") in the amount of NIS 136.8, 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. The options were granted on August 10, 2021. Of the reported options, 20,508 options are fully vested and exercisable. The remaining options shall vest and become exercisable as follows: (i) 1,464 options on May 10, 2026, and (ii) 1,465 on August 10, 2026.
FAQ
What does the Pulsenmore (PLSM) Form 3 filing report for Anat Loewenstein?
The Form 3 reports Anat Loewenstein’s initial holdings of options to purchase Pulsenmore ordinary shares. It details grant date, exercise price, expiration, and vesting schedule under the company’s 2019 Amended Share Incentive Plan, but shows no new buy or sell transactions.
What are the key terms of Anat Loewenstein’s Pulsenmore stock options?
The options were granted on August 10, 2021 with an exercise price of $44.0400 per ordinary share and an expiration date of August 10, 2028. They relate to ordinary shares under Pulsenmore’s 2019 Amended Share Incentive Plan for employees and directors.
How many of Anat Loewenstein’s Pulsenmore options are vested and exercisable?
The filing states that 20,508 options are already fully vested and exercisable. Additional tranches of 1,464 options and 1,465 options are scheduled to vest on May 10, 2026 and August 10, 2026, respectively, completing the vesting schedule described.
When do Anat Loewenstein’s Pulsenmore options expire?
The options to purchase Pulsenmore ordinary shares are scheduled to expire on August 10, 2028. After that expiration date, any unexercised options would no longer be exercisable under the terms disclosed in this initial ownership statement.
Why are Pulsenmore options held in a trustee’s name under Section 102?
The filing explains that, to qualify for certain Israeli tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee or director must be registered in the name of a trustee under Pulsenmore’s 2019 Amended Share Incentive Plan.