Eran Antebi - 13 Jul 2021 Form 4 Insider Report for UAS Drone Corp. (DUKR)

Role
Director
Signature
/s/ Eran Antebi
Issuer symbol
DUKR
Transactions as of
13 Jul 2021
Net transactions value
$0
Form type
4
Filing time
15 Jul 2021, 16:30:52 UTC
SEC
View on sec.gov

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 +120,000 $0.000000 120,000 13 Jul 2021 Common Stock 120,000 $0.3800 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.