SEC Form 4 · accession 0001209191-16-091042
Microbot Medical Inc. · MBOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Blair Stratton
Officer — General Counsel
Period of report
Jan 8, 2016
Accepted (ET)
Jan 12, 2016 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883975
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 8, 2016 | F | 35,024 | $0.38 | D | 521,501 | D | |
| Common StockF3 | holding | — | — | — | 36,563 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This is recorded as a Code F disposition because the shares were used by the reporting person to pay a tax liability incurred by him from the delivery of shares incident to the vesting of restricted stock units.
- F2Includes (1) 140,000 restricted stock units, with 70,000 of these vesting on each of May 24, 2016, and May 24, 2017; (2) 32,500 restricted stock units vesting on January 27, 2016; (3) 160,000 restricted stock units, with 80,000 of these vesting on each of January 8, 2017 and January 8, 2018; and (4) 80,000 restricted stock units with performance based vesting.
- F3Includes shares held in 401(k) account in accordance with issuer's employer-match policies.