SEC Form 4 · accession 0001493152-17-014953
Microbot Medical Inc. · MBOT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yoseph Bornstein
Director · 10% Owner
Period of report
Dec 19, 2017
Accepted (ET)
Dec 21, 2017 · 5:03 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 StockF1,F2 | Dec 19, 2017 | S | 32,067 | $1.03 | D | 4,655,409 | I | By LSA- LifeScience Accelerator Ltd. |
| Common StockF1,F2 | Dec 20, 2017 | S | 12,933 | $1.0306 | D | 4,655,409 | I | By LSA- LifeScience Accelerator Ltd. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting Person, through his Rule 10b5-1 trading plan, sold an aggregate of 45,000 shares of Issuer common stock on December 19, 2017 and December 20, 2017. Accordingly, Reporting Person beneficially owned 4,655,409 shares of Issuer common stock following the reported transactions.
- F2Mr. Bornstein is the CEO and Director of LSA- Life Science Accelerator Ltd. ("LSA") and of Shizim Ltd. ("Shizim"), and Mr. Bornstein is the majority equity owner of Shizim. Shizim is the majority equity owner of LSA. Accordingly, Mr. Bornstein may be deemed to share voting and investment power over the shares beneficially owned by these entities.