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

Role: Chief Financial Officer
Signature: /s/ Yoav Efron
Stock symbol: ASNS
Transactions as of: May 12, 2022
Transactions value $: $0
Form type: 3
Date filed: 5/17/2022, 05:43 PM
Next filing: Sep 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ASNS	Common Stock						3.22K	May 12, 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							May 12, 2022	Common Stock	107K	$0.11	Direct	F1
holding	ASNS	Option							May 12, 2022	Common Stock	21.7K	$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.