Yoav Efron - 12 May 2022 Form 3 Insider Report for ACTELIS NETWORKS INC (ASNS)

Role: Chief Financial Officer
Signature: /s/ Yoav Efron
Issuer symbol: ASNS
Transactions as of: 12 May 2022
Net transactions value: $0
Form type: 3
Filing time: 17 May 2022, 17:43:05 UTC
Next filing: 19 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ASNS	Common Stock						3,221	12 May 2022	Direct

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	106,991	$0.1058	Direct	F1
holding	ASNS	Option							12 May 2022	Common Stock	21,739	$1.36	Direct	F2

* 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 02/07/2022.
F2	This Option grant will begin vesting on May 27, 2022 and will vest at a rate of 25% of the Options on the commencement of the vesting schedule, and the remaining 75% vesting in equal monthly tranches over a three-year period, subject to Mr. Efron remaining continuously employed through the final vesting date.