SEC Form 4 · accession 0001628280-17-005769
Lifeward Ltd. · LFWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Hershberger
Officer — Chief Financial Officer
Period of report
May 22, 2017
Accepted (ET)
May 22, 2017 · 4:10 pm 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 22, 2017 | S | 980 | $1.15 | D | 33,670 | I | ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents Ordinary Shares sold in the open market on May 22, 2017, in order to satisfy the reporting person's tax withholding obligation in connection with the vesting, on May 18, 2017, of certain restricted stock units ("RSUs") previously granted to the reporting person under the ReWalk 2014 Equity Incentive Plan. One-fourth of these RSUs vested on May 18, 2017, the first anniversary of the date of grant, with the remaining RSUs vesting in three equal yearly installments thereafter.