Equity grants to director-linked fund at Silexion Therapeutics (SLXN) disclosed
Rhea-AI Filing Summary
Noy Shlomo reported acquisition or exercise transactions in this Form 4 filing.
Silexion Therapeutics Corp reported that Guangzhou Sino-Israel Biotech Fund (GIBF), an entity associated with director Noy Shlomo, was granted equity awards in connection with director services provided by GIBF’s CEO and Managing Partner, Avner Lushi. GIBF received fully vested restricted share units that were immediately settled into 9,091 ordinary shares, at a price of $0.00 per share. GIBF was also granted 10,685 stock options to purchase ordinary shares, with these options vesting in full on the one‑year anniversary of the board’s approval date and expiring on the ten‑year anniversary of that approval. The filing notes that Shlomo has shared voting and investment authority through his role as Chief Medical Officer of GIBF and disclaims beneficial ownership beyond any indirect pecuniary interest, and one line item is included only to show existing holdings with no new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy ordinary shares) | 10,685 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 9,091 | $0.00 | -- |
| holding | Stock Option (right to buy ordinary shares) | -- | -- | -- |
Footnotes (1)
- The transaction reported in this row consists of the grant to Guangzhou Sino-Israel Biotech Fund ("GIBF") by the Issuer of fully vested restricted share units (RSUs), which were immediately settled for underlying ordinary shares, par value $0.0135 per share ("ordinary shares"), in respect of director services provided by Avner Lushi (the Managing Partner and CEO of GIBF) to the Issuer. The grant was approved by the Issuer's board of directors. The Reporting Person possesses shared voting and investment authority with respect to the securities reported in this row as a result of his serving as Chief Medical Officer of GIBF. The equity interests of GIBF are held by various individuals and entities. The Reporting Person disclaims beneficial ownership of the securities reported in this row except to the extent of his indirect pecuniary interest therein. The transaction reported in this row consists of the grant to GIBF by the Issuer of options to purchase ordinary shares, for director services provided by Avner Lushi (the Managing Partner and CEO of GIBF) to the Issuer, which grant was approved by the Issuer's board of directors. The options reported in this row vest in their entirety on the one-year anniversary of, and expire on the ten-year anniversary of, the date of approval of their grant by the Issuer's board of directors. There were no transactions effected in respect of the securities reported in this row, and the holdings in this row are being included for informational purposes only.