Director at Foresight (NASDAQ: FRSX) reports fully vested stock options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Foresight Autonomous Holdings Ltd. director Zeev Levenberg reported his initial derivative holdings in stock options linked to the company’s Ordinary Shares. He holds options exercisable at $1.12 per share, covering 21,444 Ordinary Shares expiring on July 16, 2027 and 57,143 Ordinary Shares expiring on July 27, 2030.
Footnotes state these options were originally granted with an exercise price of NIS 3.50 and later converted based on a 3.119 ratio as of March 16, 2026, and are fully vested. The company’s securities trade as American Depositary Shares, where one ADS represents 90 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Levenberg Zeev
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
Holdings After Transaction:
Stock Options — 21,444 shares (Direct)
Footnotes (1)
- The Issuer's securities are listed as American Depository Shares ("ADS"), where one ADS represents 90 Ordinary Shares. Each ADS is convertible at any time, at the holder's election. The ADSs have no expiration date. The options were granted on July 16 ,2020 and fully vested as of December 31, 2022. The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119 as of March 16, 2026. The options were granted on July 27, 2023 and fully vested as of June 30, 2026. The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119 as of March 16, 2026.
Key Figures
Option grant 1 underlying shares: 21,444 Ordinary Shares
Option grant 2 underlying shares: 57,143 Ordinary Shares
Exercise price (converted): $1.12 per Ordinary Share
+4 more
7 metrics
Option grant 1 underlying shares
21,444 Ordinary Shares
Stock options expiring July 16, 2027
Option grant 2 underlying shares
57,143 Ordinary Shares
Stock options expiring July 27, 2030
Exercise price (converted)
$1.12 per Ordinary Share
Converted from NIS 3.50 based on 3.119 ratio
Original exercise price
NIS 3.50
Per option grant footnotes
ADS ratio
1 ADS = 90 Ordinary Shares
Structure of Foresight ADSs
Vesting date grant 1
December 31, 2022
First option grant fully vested
Vesting date grant 2
June 30, 2026
Second option grant fully vested
Key Terms
American Depository Shares, exercise price, fully vested, expiration date
4 terms
exercise price financial
"The options were granted with an exercise price of NIS 3.50 and have been converted based on the ratio of 3.119."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
fully vested financial
"The options were granted on July 16 ,2020 and fully vested as of December 31, 2022."
expiration date financial
"The ADSs have no expiration date."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What did FRSX director Zeev Levenberg report on this Form 3?
He reported his initial holdings of stock options tied to Foresight Autonomous Ordinary Shares. These options give rights to acquire 21,444 shares expiring July 16, 2027 and 57,143 shares expiring July 27, 2030, all already fully vested according to the filing’s footnotes.
What is the exercise price of Zeev Levenberg’s FRSX stock options?
The options were granted with an exercise price of NIS 3.50, later converted to an exercise price of $1.12 per Ordinary Share. This conversion used a 3.119 ratio as of March 16, 2026, as specifically described in the filing’s footnotes.
When do Zeev Levenberg’s FRSX stock options expire?
One grant of options tied to 21,444 Ordinary Shares expires on July 16, 2027. A second grant tied to 57,143 Ordinary Shares expires on July 27, 2030. Both grants are reported as fully vested before these expiration dates in the Form 3 footnotes.
Are Levenberg’s FRSX options already vested according to the filing?
Yes. The filing states the July 16, 2020 grant was fully vested as of December 31, 2022. It also notes the July 27, 2023 grant was fully vested as of June 30, 2026. This means all reported option shares are currently exercisable, subject to their expiration dates.