Eyal Aharon - 12 May 2022 Form 3 Insider Report for ACTELIS NETWORKS INC (ASNS)

Signature
/s/ Eyal Aharon
Issuer symbol
ASNS
Transactions as of
12 May 2022
Net transactions value
$0
Form type
3
Filing time
17 May 2022, 17:30:25 UTC
Next filing
19 Sep 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
holding ASNS Option 12 May 2022 Common Stock 10,978 $0.0644 Direct F1
holding ASNS Option 12 May 2022 Common Stock 1,098 $0.0644 Direct F2
holding ASNS Option 12 May 2022 Common Stock 4,093 $0.1058 Direct F3
holding ASNS Option 12 May 2022 Common Stock 8,696 $0.1058 Direct F4
holding ASNS Option 12 May 2022 Common Stock 10,870 $0.1058 Direct F5
holding ASNS Option 12 May 2022 Common Stock 4,348 $1.36 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Option grant was vested in full on 06/29/2019.
F2 This Option grant was vested in full on 01/20/2020.
F3 This Option grant was vested in full on 06/07/2021.
F4 This Option grant was vested in full on 02/07/2022.
F5 This Option grant is approximately 83% vested as of May 12, 2022, with the remaining 17% of the Option grant vesting at a rate of 226 options per month until December 31, 2022, at which point the Option grant shall be fully vested, subject to Mr. Aharon remaining continuously employed through the final vesting date.
F6 This Option grant is approximately 27% vested as of May 12, 2022, with the remaining 73% of the Option grant vesting at a rate of 91 options per month until March 31, 2025, at which point the Option grant shall be fully vested, subject to Mr. Aharon remaining continuously employed through the final vesting date.