Amir Eilam - 03 Nov 2021 Form 3 Insider Report for ON TRACK INNOVATIONS LTD

Role
Chief Executive Officer
Signature
/s/ Amir Eilam
Issuer symbol
N/A
Transactions as of
03 Nov 2021
Net transactions value
$0
Form type
3
Filing time
15 Nov 2021, 15:00:36 UTC
Next filing
06 Dec 2021
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
holding OTIVF Options (right to buy) 03 Nov 2021 Ordinary Shares 20,000 $1.07 Direct F1
holding OTIVF Options (right to buy) 03 Nov 2021 Ordinary Shares 10,000 $0.2800 Direct F2
holding OTIVF Options (right to buy) 03 Nov 2021 Ordinary Shares 25,000 $0.2200 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option is exercisable in three equal installments. All installments became exercisable on 11/30/2017, 11/30/2018 and 11/30/2019, respectively, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan, as amended.
F2 The option is exercisable in three equal installments. The first installment became exercisable on 03/17/2021, and the next two installments become exercisable on 03/17/2022 and 03/17/2023, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan, as amended.
F3 The option is exercisable in three equal installments, on 01/06/2022, 01/06/2023 and 01/06/2024, all subject to the terms and provisions of the Issuer's 2001 Share Option Plan, as amended.