SEC Form 4 · accession 0001178913-16-004827
ON TRACK INNOVATIONS LTD · OTIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yishay Curelaru
Officer — Chief Financial Officer
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 6:37 am EDT
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 | $0.84 | Mar 22, 2016 | A | 40,000 | A | — | Mar 22, 2021 | Ordinary Shares | 40,000 | 40,000 | D |
Explanation of responses
- F1Acquired pursuant to the Issuer's 2001 Share Option Plan.
- F2The stock options vest as follows: 13,333 shares will vest on March 22, 2017, 13,333 shares will vest on March 22, 2018, and 13,334 shares will vest on March 22, 2019, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan.