SEC Form 4 · accession 0001178913-16-004419
ON TRACK INNOVATIONS LTD · OTIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shlomi Cohen
Officer — Chief Executive Officer
Period of report
Feb 14, 2016
Accepted (ET)
Feb 17, 2016 · 7:49 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001021604
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1,F2 | $0.44 | Feb 14, 2016 | A | 40,000 | A | — | Feb 14, 2021 | Ordinary Shares | 40,000 | 40,000 | D |
Explanation of responses
- F1Acquired pursuant to the Issuer's 2001 Share Option Plan.
- F2The stock options will vest as follows: 13,333 shares will vest on February 3, 2017, 13,333 shares will vest on February 3, 2018, and 13,334 shares will vest on February 3, 2019, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan