Richard Anderson - Mar 6, 2024 Form 4 Insider Report for DarioHealth Corp. (DRIO)

Role
President
Signature
/s/ Richard Anderson
Stock symbol
DRIO
Transactions as of
Mar 6, 2024
Transactions value $
$0
Form type
4
Date filed
3/8/2024, 04:22 PM
Previous filing
Jun 10, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRIO Stock Option (right to buy) Award $0 +750K $0.00 750K Mar 6, 2024 Common Stock 750K $1.68 Direct F1
transaction DRIO Stock Option (right to buy) Award $0 +320K $0.00 320K Mar 6, 2024 Common Stock 320K $1.68 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options will vest over a two-year period commencing on the grant date, with 50% vesting on the grant date and 50% vesting in eight equal quarterly installments following the grant date, subject to the employee's continued employment by the Company.
F2 The option will vest upon reaching certain performance milestones between December 31, 2024 and March 31, 2025.