SEC Form 4 · accession 0001607962-18-000026
Lifeward Ltd. · LFWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ofir Koren
Officer — Snr VP, R&D and Regulatory
Period of report
May 3, 2018
Accepted (ET)
May 7, 2018 · 8:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001607962
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, par value NIS 0.01 per shareF1 | May 3, 2018 | A | 13,125 | $0.00 | A | 40,091 | I | ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to buy)F2 | $1.075 | May 3, 2018 | A | 65,625 | A | — | May 3, 2028 | Ordinary Shares, par value NIS 0.01 per share | 65,625 | 65,625 | D |
Explanation of responses
- F1Represents 13,125 Ordinary Shares issuable upon the vesting of restricted stock units ("RSUs") granted under the ReWalk Equity Incentive Plan (the "2014 Plan") on May 3, 2018. The RSUs vest in four equal yearly installments starting on the first anniversary of the date of grant.
- F2Represents stock options granted under the 2014 Plan on May 3, 2018. One-fourth of the options become vested and exercisable on the first anniversary of the date of the grant, with the remaining options vesting in twelve equal quarterly installments thereafter.