SEC Form 4 · accession 0001387131-18-001375
BLUE SPHERE CORP. · BLSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shlomo Palas
Officer — Chief Executive Officer · Director
Period of report
Feb 20, 2018
Accepted (ET)
Apr 2, 2018 · 7:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419582
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Mar 23, 2018 | A | 32,000 | $0.00 | A | 88,658 | I | Held by trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF2 | $1.80 | Feb 20, 2018 | A | 21,000 | A | Feb 20, 2018 | Feb 20, 2023 | Common Stock, par value $0.001 per share | 21,000 | 21,000 | I |
Explanation of responses
- F1The 32,000 shares of the Issuer's common stock were issued pursuant to a Stock Award Agreement, made in connection with a grant under the Issuer's 2016 Stock Incentive Plan by the Compensation Committee of the Issuer's Board of Directors on February 20, 2018, for services rendered to the Issuer.
- F2The 21,000 options to purchase shares of the Issuer's common stock were issued pursuant to a Stock Option Agreement, made in connection with a grant under the Issuer's 2016 Stock Incentive Plan by the Compensation Committee of the Issuer's Board of Directors on February 20, 2018, for services rendered to the Issuer.