Sol-Gel Technologies (SLGL) CBO Michael Glezin reports shares and stock options
Rhea-AI Filing Summary
Sol-Gel Technologies Ltd. executive Michael Glezin, the Chief Business Officer, has filed an initial ownership report showing his holdings in the company’s ordinary shares and stock options. This Form 3 does not reflect new trades but discloses his current equity position.
Glezin directly holds 1,500 Ordinary Shares and several stock option awards over ordinary shares. These options cover 2,500 shares at an exercise price of $49.80 expiring on November 2, 2032, 5,000 shares at $8.96 expiring on February 18, 2035, and 7,500 shares at $69.50 expiring on January 19, 2036. Footnotes state that each option vests 25% on a specified initial date, with the remaining 75% vesting in equal quarterly installments over three years, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Ordinary shares, NIS 1.00 par value per share. The option vested as to 25% of the Ordinary Shares on October 27, 2023 and vests as to the remainder of the Ordinary Shares in equal quarterly installments over the following three years, subject to the Reporting Person's continued service through such dates. The option vested as to 25% of the Ordinary Shares on February 18, 2026 and vests as to the remainder of the Ordinary Shares in equal quarterly installments over the following three years, subject to the Reporting Person's continued service through such dates. The option will vest as to 25% of the Ordinary Shares on January 19, 2027 and vests as to the remainder of the Ordinary Shares in equal quarterly installments over the following three years, subject to the Reporting Person's continued service through such dates.