ParaZero VP discloses 36,315 stock options
ParaZero Technologies Ltd. executive Chaya Noy Bat-Sheva, Vice President of Global Sales, filed an initial ownership report showing a stock option position.
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Rhea-AI Filing Summary
ParaZero Technologies Ltd. executive Chaya Noy Bat-Sheva, Vice President of Global Sales, filed an initial ownership report showing a stock option position. She holds an option to purchase 36,315 Ordinary Shares at an exercise price of $1.275 per share, expiring on January 3, 2031.
As of this filing, none of these options are vested or exercisable. According to the vesting schedule, 50% will vest on March 1, 2028, and the remaining 50% will vest in eight equal quarterly installments thereafter, conditioned on continued service. The options were granted under the company’s 2022 Global Share Incentive Plan and are subject to Israeli tax rules requiring trustee registration.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option to Purchase Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. As of the date of this Form 3, 0 options to purchase ordinary shares are vested and currently exercisable. 50% shall vest on March 1, 2028 and the remaining 50% shall vest in 8 equal installments on a quarterly basis thereafter, subject to the Reporting Person's continued service.
- F2. To qualify for certain tax benefits under Section 102 of the Israeli Tax Ordinance, securities issued to an employee in connection with the ParaZero Technologies Ltd. Global Share Incentive Plan (2022) must be registered in the name of a trustee.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position did PRZO’s Chaya Noy Bat-Sheva report on this Form 3?
What is the exercise price and expiration date of the PRZO options reported?
Are any of Chaya Noy Bat-Sheva’s PRZO options vested or exercisable yet?
What is the vesting schedule for the 36,315 PRZO options reported on the Form 3?
Under which equity plan were the reported PRZO options granted?
Why does the PRZO Form 3 mention a trustee for the employee’s securities?
AI-generated analysis. How Rhea-AI works. Not financial advice.