SEC Form 4 · accession 0001628280-17-006795
Lifeward Ltd. · LFWD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence J Jasinski
Officer — Chief Executive Officer · Director
Period of report
Jun 27, 2017
Accepted (ET)
Jun 29, 2017 · 8:40 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 | Jun 27, 2017 | A | 25,000 | $0.00 | A | 67,306 | 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 | $2.10 | Jun 27, 2017 | A | 125,000 | A | — | Jun 27, 2027 | Ordinary Shares, par value NIS 0.01 per share | 125,000 | 250,000 | D |
Explanation of responses
- F1Represents 20,000 Ordinary Shares issuable upon the vesting of restricted stock units ("RSUs") granted under the ReWalk Equity Incentive Plan (the "2014 Plan") on June 27, 2017. The RSUs vest in four equal yearly installments following the date of the grant. The RSUs may only be settled in Ordinary Shares.
- F2Represents stock options granted under the 2014 Plan on June 27, 2017. 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.