Bret Harrison - 12 Dec 2023 Form 4 Insider Report for ACTELIS NETWORKS INC (ASNS)

Role: Senior VP Sales, Americas
Signature: /s/ Bret Harrison
Issuer symbol: ASNS
Transactions as of: 12 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 19 Dec 2023, 16:38:22 UTC
Previous filing: 17 Jul 2023
SEC: View on sec.gov

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
transaction	ASNS	Restricted Stock Units	Award	$0	+5,000		$0.000000	5,000	13 Dec 2023	Common stock, par value $0.0001	5,000		Direct	F1

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

Explanation of Responses:

Id	Content
F1	The RSUs vests annually in three equal tranches, with the first tranche vesting on December 12, 2024, the second tranche vesting on December 12, 2025, and the last tranche vesting on December 12, 2026, subject to the Reporting Person's continued service to the Issuer through each date that the options shall vest, unless the Reporting Person's engagement with the Issuer is terminated, in which case the unvested RSUs will vest at the termination date, based on the upcoming annual anniversary amount, pro-rated to the date of termination.

Content

The RSUs vests annually in three equal tranches, with the first tranche vesting on December 12, 2024, the second tranche vesting on December 12, 2025, and the last tranche vesting on December 12, 2026, subject to the Reporting Person's continued service to the Issuer through each date that the options shall vest, unless the Reporting Person's engagement with the Issuer is terminated, in which case the unvested RSUs will vest at the termination date, based on the upcoming annual anniversary amount, pro-rated to the date of termination.