SEC Form 4 · accession 0001213900-17-001066
ON TRACK INNOVATIONS LTD · OTIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shlomi Cohen
Officer — Chief Executive Officer · Director
Period of report
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 6:02 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 | $1.58 | Feb 6, 2017 | A | 100,000 | A | — | Feb 6, 2022 | Ordinary Shares | 100,000 | 100,000 | D |
Explanation of responses
- F1Acquired pursuant to the Issuer's 2001 Share Option Plan.
- F2The stock options vest as follows: 33,333 shares will vest on February 6, 2018, 33,333 shares will vest on February 6, 2019, and 33,334 shares will vest on February 6, 2020, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan, as amended.