SEC Form 4 · accession 0001562180-18-003770
SteadyMed Ltd. · STDY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Rigby
Officer — President and CEO · Director
Period of report
Aug 23, 2018
Accepted (ET)
Aug 27, 2018 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001619087
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Aug 23, 2018 | M | 44,242 | $2.74 | A | 85,847 | D | |
| Ordinary SharesF1 | Aug 23, 2018 | S | 44,242 | $4.7289 | D | 41,605 | D | |
| Ordinary Shares | Aug 24, 2018 | M | 16,994 | $2.74 | A | 58,599 | D | |
| Ordinary Shares | Aug 24, 2018 | S | 16,994 | $4.70 | D | 41,605 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $2.74 | Aug 23, 2018 | M | 44,242 | D | — | Jun 17, 2026 | Ordinary Shares | 44,242 | 39,091 | D |
| Stock Options (Right to Buy)F2 | $2.74 | Aug 24, 2018 | M | 16,994 | D | — | Jun 17, 2026 | Ordinary Shares | 16,994 | 22,097 | D |
Explanation of responses
- F1The price represents the weighted average price with a low of $4.70 and a high of $4.775.
- F233% of the Option Shares shall vest on the one-year anniversary of the grant date. Thereafter, the remainder of the Option Shares shall vest in 8 equal amounts every 3 months beginning 3 months after the one-year anniversary date.