Lifeward (LFWD) CEO awarded 172,698 options at $6.53 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lifeward Ltd. President and CEO Grant William Mark received a grant of stock options covering 172,698 ordinary shares. The options have an exercise price of $6.53 per share and expire on March 25, 2036.
The award vests over four years, with 25% of the underlying shares vesting on March 25, 2027. The remaining 75% vests in equal monthly installments over the following 36 months, contingent on his continued service, with potential acceleration under the applicable plan and grant terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grant William Mark
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (Right to Buy) | 172,698 | $0.00 | -- |
Holdings After Transaction:
Option (Right to Buy) — 172,698 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Lifeward (LFWD) disclose about its CEO’s recent equity award?
Lifeward disclosed that President and CEO Grant William Mark received stock options for 172,698 ordinary shares. The options were granted at an exercise price of $6.53 per share and are structured as a long-term incentive equity award.
How many stock options were granted to Lifeward CEO Grant William Mark?
Grant William Mark was granted options covering 172,698 ordinary shares. These options give him the right to buy shares at a fixed exercise price of $6.53 per share, subject to vesting and other conditions in the award documentation.
What is the vesting schedule for the Lifeward CEO’s new stock options?
The options vest over four years. Twenty-five percent of the underlying shares vest on March 25, 2027, with the remaining 75% vesting in equal monthly installments over the following 36 months, conditioned on his continued service with the company.
When do the newly granted Lifeward CEO options expire?
The stock options granted to Lifeward’s CEO expire on March 25, 2036. After that date, any unexercised portion of the award will no longer be exercisable, consistent with the long-term nature of this compensation grant.
At what price can the Lifeward CEO exercise his new stock options?
The options have an exercise price of $6.53 per ordinary share. This means the CEO can purchase shares at $6.53 per share once the options vest, subject to the specific terms of the plan and grant documents.
Are there conditions attached to the vesting of the Lifeward CEO’s options?
Yes. Vesting requires the CEO’s continued service with Lifeward on each applicable vesting date. The filing notes the award is also subject to potential vesting acceleration as provided in the applicable plan and non-qualified stock option grant.