Lawrence J. Jasinski - Jun 20, 2023 Form 4 Insider Report for ReWalk Robotics Ltd. (RWLK)

Role: Chief Executive Officer, Director
Signature: /s/ Lawrence J. Jasinski
Stock symbol: RWLK
Transactions as of: Jun 20, 2023
Transactions value $: -$13,564
Form type: 4
Date filed: 6/21/2023, 05:04 PM
Previous filing: Jun 5, 2023
Next filing: Aug 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RWLK	Ordinary Shares, par value NIS 0.25 per share	Sale	-$13.6K	-22.9K	-3.89%	$0.59	567K	Jun 20, 2023	ESOP	F1, F2
holding	RWLK	Ordinary Shares, par value NIS 0.25 per share						15K	Jun 20, 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Represents Ordinary Shares sold in the open market on June 20, 2023, in order to satisfy the reporting person's tax withholding obligation in connection with the vesting, on June 18, 2023, of certain restricted stock units ("RSUs") previously granted to Mr. Jasinski under the ReWalk 2014 Equity Incentive Plan on June 18, 2020 (the "Grant Date"). The Ordinary Shares were sold pursuant to an automatic sell-to-cover arrangement between Mr. Jasinski and ReWalk Robotics Ltd. (the "Company") and does not represent a discretionary trade by Mr. Jasinski.
F2	Reflects the weighted average sale price for Ordinary Shares sold. Actual sale prices for the shares sold ranged from $0.59 to $0.60. The Reporting Person undertakes to provide the Company, any security holder of the Company or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

Content

Represents Ordinary Shares sold in the open market on June 20, 2023, in order to satisfy the reporting person's tax withholding obligation in connection with the vesting, on June 18, 2023, of certain restricted stock units ("RSUs") previously granted to Mr. Jasinski under the ReWalk 2014 Equity Incentive Plan on June 18, 2020 (the "Grant Date"). The Ordinary Shares were sold pursuant to an automatic sell-to-cover arrangement between Mr. Jasinski and ReWalk Robotics Ltd. (the "Company") and does not represent a discretionary trade by Mr. Jasinski.

Reflects the weighted average sale price for Ordinary Shares sold. Actual sale prices for the shares sold ranged from $0.59 to $0.60. The Reporting Person undertakes to provide the Company, any security holder of the Company or the staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price.

Remarks:

The automatic sell-to-cover arrangement is mandated by the terms of the Company's RSU grant agreement, dated as of the Grant Date, by and between the Company and Mr. Jasinski with respect to the payment of taxes upon vesting of the RSUs.