Valens Semiconductor (NYSE: VLN) director details option and share holdings
Rhea-AI Filing Summary
Valens Semiconductor Ltd. director Ben Zvi Gideon filed a Form 3 reporting his existing holdings of ordinary shares and stock options in the company. The filing lists several stock option awards over ordinary shares with exercise prices ranging from $0.8600 to $5.3600 and expiration dates from 2029 through 2032, all held directly. It also shows multiple blocks of directly held ordinary shares. Footnotes explain that some shares were acquired by exercising previously granted options or purchased in the open market, and that both option and RSU grants generally vest 25% on an initial vesting date with the remaining 75% vesting in twelve equal quarterly installments, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Ben Zvi Gideon
Role
Director
| 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 | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,036,383 shares (Direct);
Ordinary Shares — 702,154 shares (Direct)
Footnotes (11)
- F1. The shares reported herein were acquired upon the exercise of previously granted stock options
- F2. The Shares reported herein were purchased in the open market
- F3. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Valens Semiconductor Ltd. (the "Company"). The units vest 25% on the first Vesting Date (06/30/2023) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F4. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Valens Semiconductor Ltd. (the "Company"). The units vest 25% on the first Vesting Date (01/16/2024) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F5. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Valens Semiconductor Ltd. (the "Company"). The units vest 25% on the first Vesting Date (01/16/2025) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F6. The Reporting Person was granted restricted stock units ("RSUs"), which each represent a contingent right to receive one share of ordinary stock of Valens Semiconductor Ltd. (the "Company"). The units vest 25% on the first Vesting Date (01/22/2026) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F7. The Stock Options are Fully vested and immediately exercisable
- F8. The Options vest 25% on the first Vesting Date (06/30/2023) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F9. The Options vest 25% on the first Vesting Date (01/16/2024) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F10. The Options vest 25% on the first Vesting Date (01/16/2025) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
- F11. The Options vest 25% on the first Vesting Date (01/22/2026) and the remaining 75% vest in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date.
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FAQ
What does Valens Semiconductor (VLN) disclose in this Form 3 filing?
Valens Semiconductor’s Form 3 shows director Ben Zvi Gideon’s current equity holdings. It details his directly held ordinary shares and several stock option awards, including exercise prices, expiration dates, and underlying ordinary share amounts, without reporting any new stock purchases or sales.
How many stock option positions does Ben Zvi Gideon report in VLN?
Ben Zvi Gideon reports multiple stock option positions over Valens Semiconductor ordinary shares. The derivative summary lists five option grants, each tied to specific exercise prices, expiration dates between 2029 and 2032, and defined underlying ordinary share amounts, all held as direct ownership.
What are the key vesting terms for VLN director equity awards?
The filing describes standard vesting for both RSUs and options at Valens Semiconductor. Awards vest 25% on a stated first vesting date, with the remaining 75% vesting in twelve equal quarterly installments, subject to the director’s continued service through each vesting date.
Does this Valens Semiconductor (VLN) Form 3 show insider buying or selling?
The Form 3 does not report new insider buying or selling transactions. Instead, it provides an initial statement of Ben Zvi Gideon’s existing holdings of ordinary shares and stock options, characterizing them as direct ownership positions rather than recent market trades.