William Carl Anderson III - Jul 23, 2021 Form 4 Insider Report for ON TRACK INNOVATIONS LTD (OTIVF)

Role
Director
Signature
/s/ William C. Anderson
Stock symbol
OTIVF
Transactions as of
Jul 23, 2021
Transactions value $
$0
Form type
4
Date filed
7/27/2021, 11:32 AM
Previous filing
May 28, 2021

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 OTIVF Stock Option (right to buy) Award $0 +30K $0.00 30K Jul 23, 2021 Ordinary Shares 30K $0.27 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired pursuant to the Issuer's 2001 Share Option Plan, as amended.
F2 The Stock Options vest as follows: 10,000 shares will vest on July 23, 2022, 10,000 shares will vest on July 23, 2023, and 10,000 shares will vest on July 23, 2024, all subject to the Issuer's 2001 Share Option Plan, as amended.