Wearable Devices (WLDS) EVP Remez Offir discloses share and option holdings
Rhea-AI Filing Summary
Wearable Devices Ltd. executive Remez Offir has filed an initial Form 3 showing his equity holdings in the company. The filing reports direct ownership of 25,417 Ordinary Shares as of the reporting date, establishing his baseline stake as Executive VP of Business Development.
Offir also holds stock options over 571 Ordinary Shares at an exercise price of $0.72 per share expiring on November 1, 2031, and options over 83 Ordinary Shares at an exercise price of $316.80 per share expiring on November 30, 2033. Footnotes indicate additional equity incentives through restricted share units: 2,500 Ordinary Shares vesting in equal monthly installments of 417 shares through September 10, 2026, and 16,528 Ordinary Shares vesting in equal monthly installments of 486 shares through January 1, 2029, with each RSU convertible into one Ordinary Share.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock option (right to buy) | -- | -- | -- |
| holding | Stock option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- Includes (i) 2,500 ordinary shares, no par value per share, of the Issuer (the "Ordinary Shares") issuable upon the vesting of restricted share units ("RSUs") in equal monthly installments of 417 Ordinary Shares through September 10, 2026; and (ii) 16,528 Ordinary Shares issuable upon the vesting of RSUs in equal monthly installments of 486 Ordinary Shares through January 1, 2029. Each RSU represents the right to receive one Ordinary Share. The options were granted on November 1, 2021 and vest as follows: 190 options vest on the first year anniversary of the grant date and the remaining 381 options vest in equal monthly installments of 16 Ordinary Shares after the first anniversary. The options were granted on August 23, 2023 and vest as follows: 28 options vest on the first year anniversary of the grant date and the remaining 55 options vest in equal monthly installments of 2 Ordinary Shares after the first anniversary.