Sol-Gel Technologies (SLGL) CFO details share and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Sol-Gel Technologies Ltd. Chief Financial Officer Eyal Ben-Or filed an initial ownership report showing direct holdings of 1,000 Ordinary Shares and several stock option awards. These include options over 7,500 Ordinary Shares at an exercise price of 69.5000 per share, expiring on January 19, 2036. Footnotes state that some options are fully vested, while others vest 25% on specified dates and then in equal quarterly installments over three years, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Ben-Or Eyal
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 360 shares (Direct);
Ordinary Shares — 1,000 shares (Direct)
Footnotes (1)
- Ordinary shares, NIS 1.00 par value per share. The option is fully vested. The option is fully vested. The option vested as to 25% of the Ordinary Shares on March 29, 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 July 11, 2025 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.
FAQ
What does the Sol-Gel Technologies (SLGL) Form 3 filing show for CFO Eyal Ben-Or?
The Form 3 shows CFO Eyal Ben-Or’s initial holdings in Sol-Gel Technologies, including 1,000 Ordinary Shares held directly and multiple stock option awards over additional Ordinary Shares with specified exercise prices and expiration dates, plus detailed vesting schedules linked to his continued service.
What stock options are reported for the Sol-Gel Technologies (SLGL) CFO in the Form 3?
The filing lists several stock option awards to acquire Ordinary Shares at exercise prices such as 8.3420, 8.9600, 55.6600, 73.8000, 83.2000, and 69.5000 per share, with expiration dates ranging from August 21, 2027 to January 19, 2036.
How do the Sol-Gel Technologies (SLGL) CFO’s stock options vest according to the Form 3 footnotes?
Some options are already fully vested, while others vest 25% on specific initial dates, then in equal quarterly installments over three years. Vesting is conditioned on Eyal Ben-Or’s continued service with Sol-Gel Technologies through each scheduled vesting date, as described in the footnotes.
What is the largest single stock option position reported for the Sol-Gel Technologies (SLGL) CFO?
The largest single option position covers 7,500 underlying Ordinary Shares at an exercise price of 69.5000 per share, expiring on January 19, 2036. This option will vest 25% on January 19, 2027 and then in equal quarterly installments over three years.