Brian M. Murphy - Nov 15, 2023 Form 4 Insider Report for NanoVibronix, Inc. (NAOV)

Role
Chief Executive Officer, Director
Signature
/s/ Brian M. Murphy
Stock symbol
NAOV
Transactions as of
Nov 15, 2023
Transactions value $
$0
Form type
4
Date filed
12/6/2023, 04:45 PM
Previous filing
Jan 3, 2022

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 NAOV Option to Purchase Common Stock Award $0 +20K $0.00 20K Nov 15, 2023 Common Stock 20K $1.24 Direct F1
transaction NAOV Option to Purchase Common Stock Disposed to Issuer $0 -1.88K -100% $0.00* 0 Nov 29, 2023 Common Stock 1.88K $8.94 Direct F2, F5
transaction NAOV Option to Purchase Common Stock Disposed to Issuer $0 -2.5K -100% $0.00* 0 Nov 29, 2023 Common Stock 2.5K $14.10 Direct F5
transaction NAOV Option to Purchase Common Stock Disposed to Issuer $0 -10K -100% $0.00* 0 Nov 29, 2023 Common Stock 10K $16.80 Direct F3, F5
transaction NAOV Option to Purchase Common Stock Disposed to Issuer $0 -15K -100% $0.00* 0 Nov 29, 2023 Common Stock 15K $20.20 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100% of the option vested on November 15, 2023, in accordance with that certain option agreement entered into by and between the Issuer and the reporting person and the NanoVibronix, Inc. 2014 Long-Term Incentive Plan.
F2 The option vested in two equal installments as follows: (i) 1/2 of the total shares on November 1, 2018, and (ii) 1/2 of the total shares on November 1, 2019.
F3 20% of the option vested on December 22, 2020 (the "2020 Date of Grant"), with an additional 20% vested on the three month anniversary of the 2020 Date of Grant, a further 20% vested on the six month anniversary of the 2020 Date of Grant, a further 20% vested on the nine month anniversary of the 2020 Date of Grant, and the final 20% vested on the year anniversary of the 2020 Date of Grant, in accordance with that certain option agreement entered into by and between the Issuer and the reporting person and the NanoVibronix, Inc. 2014 Long-Term Incentive Plan.
F4 25% of the option vested on December 29, 2021 (the " 2021 Date of Grant"), with an additional 25% vested on the three-month anniversary of the 2021 Date of Grant, a further 25% vested on the six-month anniversary of the 2021 Date of Grant, and the final 25% vested on the nine-month anniversary of the 2021 Date of Grant, in accordance with that certain option agreement entered into by and between the Issuer and the reporting person and the NanoVibronix, Inc. 2014 Long-Term Incentive Plan.
F5 The options were canceled by mutual agreement of the reporting person and NanoVibronix, Inc. The reporting person received $1.00 as the aggregate consideration for the cancellations