SEC Form 4 · accession 0001213900-16-019496
ON TRACK INNOVATIONS LTD · OTIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Yishay Curelaru
Officer — Chief Financial Officer
Period of report
Dec 15, 2016
Accepted (ET)
Dec 19, 2016 · 8:10 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 | $1.07 | Dec 15, 2016 | A | 25,000 | A | — | Nov 30, 2021 | Ordinary Shares | 25,000 | 83,000 | D |
Explanation of responses
- F1Acquired pursuant to the Issuer's 2001 Share Option Plan.
- F2The stock options vest as follows: 8,333 shares will vest on November 30, 2017, 8,333 shares will vest on November 30, 2018, and 8,334 shares will vest on November 30, 2019, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan.