SEC Form 4 · accession 0001213900-17-012476
ON TRACK INNOVATIONS LTD · OTIV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Soluri
Director
Period of report
Nov 21, 2017
Accepted (ET)
Nov 22, 2017 · 6:39 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 | $1.22 | Nov 21, 2017 | A | 30,000 | A | — | Nov 21, 2022 | Ordinary Shares | 30,000 | 30,000 | D |
Explanation of responses
- F1Acquired pursuant to the Issuer's 2001 Share Option Plan, as amended.
- F2The Stock Options vest as follows: 10,000 shares will vest on November 21, 2018, 10,000 shares will vest on November 21, 2019, and 10,000 shares will vest on November 21, 2020, all subject to the Issuer's 2001 Share Option Plan, as amended.