Michal Winkler-Solomon - Sep 29, 2023 Form 4 Insider Report for ACTELIS NETWORKS INC (ASNS)

Signature
/s/ Michal Winkler-Solomon
Stock symbol
ASNS
Transactions as of
Sep 29, 2023
Transactions value $
-$228
Form type
4
Date filed
12/12/2023, 04:25 PM
Previous filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASNS Common stock, par value $0.0001 Sale -$228 -205 -4.59% $1.11 4.27K Sep 29, 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. 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.