Valens SVP reports initial share and option holdings
Valens Semiconductor Ltd. senior vice president of human resources Nelly Elkavets filed an initial ownership report showing her equity position in the company.
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Rhea-AI Filing Summary
Valens Semiconductor Ltd. senior vice president of human resources Nelly Elkavets filed an initial ownership report showing her equity position in the company. The Form 3 lists several stock option grants over ordinary shares with exercise prices of $0.75, $0.86 and $2.27, expiring between 2028 and 2032.
The filing also shows direct holdings of ordinary shares, with individual line items including 62,208, 60,501 and 75,000 shares. Footnotes explain that some shares were issued upon vesting of previously granted restricted stock units and that certain options are fully vested and immediately exercisable, while others vest on specified future anniversary dates.
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 | 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 | -- | -- | -- |
Footnotes (8)
- F1. These shares were issued upon vesting of previously granted RSU's
- F2. The shares reported herein were acquired upon the exercise of previously granted stock options
- 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 (01/18/2024) 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.
- 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 (01/22/2025) 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.
- 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 (01/23/2026) 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.
- 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 (02/24/2027) 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 in full on the second year anniversary of the grant (06/26/2027), subject to the Reporting Person's continued service to the Company or its subsidiaries on the vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Valens Semiconductor (VLN) disclose in this Form 3?
What stock options does Nelly Elkavets hold in Valens Semiconductor (VLN)?
What are the vesting terms for Nelly Elkavets’ RSUs at Valens (VLN)?
Are any of Nelly Elkavets’ Valens (VLN) stock options fully vested?
AI-generated analysis. How Rhea-AI works. Not financial advice.
