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

Signature
/s/ Michal Winkler-Solomon
Issuer symbol
ASNS
Transactions as of
29 Sep 2023
Net transactions value
-$228
Form type
4
Filing time
12 Dec 2023, 16:25:54 UTC
Previous filing
21 Jun 2023
Next filing
06 Nov 2025

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 -4.6% $1.11 4,266 29 Sep 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.