Moshe Shvets - 17 Jun 2024 Form 4 Insider Report for Dror Ortho-Design, Inc. (DROR)

Role
Chief Technology Officer, Director
Signature
/s/ Moshe Shvets
Issuer symbol
DROR
Transactions as of
17 Jun 2024
Net transactions value
+$213,041
Form type
4
Filing time
25 Jun 2024, 17:30:06 UTC
Previous filing
27 Sep 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 DROR Stock Option (Right to Buy) Award $213,041 +57,578,694 $0.003700* 57,578,694 17 Jun 2024 Common Stock 57,578,694 $0.003700 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options vested two-thirds upon the date of grant, and the remainder vests on December 6, 2024, subject to earlier vesting upon the achievement of patient use objectives, provided the Reporting Person is employed by or providing services to the Issuer or an affiliate on the applicable vesting date.