Israel Niv - May 17, 2023 Form 4 Insider Report for ACTELIS NETWORKS INC (ASNS)

Role: Director
Signature: /s/ Israel Niv
Stock symbol: ASNS
Transactions as of: May 17, 2023
Transactions value $: -$1,401
Form type: 4
Date filed: 5/18/2023, 04:05 PM
Previous filing: Sep 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASNS	Common stock, par value $0.0001	Sale	-$1.4K	-422	-0.62%	$3.32	67.2K	May 17, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.

Content

The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.