Director Bachar Eli details WLDS share, option and RSU stakes in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Wearable Devices Ltd. director Bachar Eli filed an initial ownership report showing direct holdings in both ordinary shares and stock options. He reports 37,884 Ordinary Shares held directly, plus stock options over 768 Ordinary Shares at an exercise price of $0.7200 per share expiring on November 27, 2027, and options over 83 Ordinary Shares at an exercise price of $316.8000 per share expiring on November 30, 2033. Footnotes indicate additional equity incentives, including 7,500 Ordinary Shares issuable from 2,500 restricted share units vesting through October 10, 2028, and 28,333 Ordinary Shares issuable from other restricted share units vesting in 34 monthly installments through January 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Bachar Eli
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock option (right to buy) | -- | -- | -- |
| holding | Stock option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy) — 768 shares (Direct);
Ordinary Shares — 37,884 shares (Direct)
Footnotes (1)
- Includes (i) 7,500 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of 2,500 restricted share units ("RSUs") on October 10, 2026 and thereafter in equal monthly installments of 208 Ordinary Shares through October 10, 2028; and (ii) 28,333 Ordinary Shares issuable upon the vesting of RSUs in 34 equal monthly installments of 833 Ordinary Shares through January 1, 2029. Each RSU represents the right to receive one Ordinary Share. Fully vested on November 27, 2017. The options were granted on November 30, 2023 and vest as follows: 28 options vest on August 23, 2024 and the remaining 55 options vest in equal monthly installments of 2 Ordinary Shares thereafter.
Key Figures
Direct Ordinary Shares: 37,884 shares
Option exercise price: $0.7200 per share
Option underlying shares: 768 shares
+4 more
7 metrics
Direct Ordinary Shares
37,884 shares
Total Ordinary Shares held directly following reported holdings
Option exercise price
$0.7200 per share
Exercise price for options over 768 Ordinary Shares expiring Nov 27, 2027
Option underlying shares
768 shares
Underlying Ordinary Shares for fully vested options expiring Nov 27, 2027
High-strike option exercise price
$316.8000 per share
Exercise price for options over 83 Ordinary Shares expiring Nov 30, 2033
High-strike option underlying shares
83 shares
Underlying Ordinary Shares for options expiring Nov 30, 2033
RSUs first tranche
7,500 shares
Ordinary Shares issuable from 2,500 RSUs vesting through Oct 10, 2028
RSUs second tranche
28,333 shares
Ordinary Shares issuable from RSUs vesting in 34 monthly installments through Jan 1, 2029
Key Terms
Stock option (right to buy), Ordinary Shares, restricted share units ("RSUs"), vested, +1 more
5 terms
Stock option (right to buy) financial
"security_title: "Stock option (right to buy)""
vested financial
"Fully vested on November 27, 2017."
exercise price financial
"conversion_or_exercise_price: "0.7200""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What does the Form 3 filing by Bachar Eli for WLDS show?
The Form 3 shows Bachar Eli’s initial ownership in Wearable Devices Ltd., including 37,884 Ordinary Shares held directly, plus stock options and restricted share units that may convert into additional shares over several future vesting dates.
What stock options are reported for Bachar Eli in WLDS?
The filing lists fully vested options over 768 Ordinary Shares at an exercise price of $0.7200 expiring November 27, 2027, and options over 83 Ordinary Shares at $316.8000 expiring November 30, 2033, both reflecting potential future share acquisitions.
Does the WLDS Form 3 indicate recent buying or selling by Bachar Eli?
No specific buying or selling activity is indicated; the entries are categorized as holdings. The Form 3 primarily establishes Bachar Eli’s existing ownership position in shares, stock options, and RSUs at the time of becoming a reporting insider.