Erez Nachtomy - Jul 13, 2021 Form 4 Insider Report for UAS Drone Corp. (USDR)

Role
Director
Signature
/s/ Erez Nachtomy
Stock symbol
USDR
Transactions as of
Jul 13, 2021
Transactions value $
$0
Form type
4
Date filed
7/15/2021, 04:30 PM

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 USDR Stock Option (right to buy) Award $0 +200K $0.00 200K Jul 13, 2021 Common Stock 200K $0.38 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options shall vest over a three year period, subject to the reporting person's continued service to the company, with 50% of the options to vest on the first anniversary of the grant date, and the balance of 50% of the options to vest in equal parts on the second and third anniversary of the grant date, respectively.