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Oramed Pharmaceuticals Inc.

Regulatory Filings Feb 23, 2022

6965_rns_2022-02-23_08035561-face-4daa-a2cb-298436c24f72.pdf

Regulatory Filings

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FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to
Section 16. Form 4 or Form 5
obligations may continue. See
Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person*
RAKIN KEVIN
2. Issuer Name and Ticker or Trading Symbol
ORAMED PHARMACEUTICALS INC. [
ORMP ]
X 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director
10% Owner
(Last)
36 CHURCH LANE
(First)
(Middle)
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2022
Officer (give title
below)
Other (specify
below)
(Street)
WESTPORT,
(City)
CT
(State)
06880
(Zip)
4. If Amendment, Date of Original Filed (Month/Day/Year) Line)
X
6. Individual or Joint/Group Filing (Check Applicable
Form filed by One Reporting Person
Form filed by More than One Reporting
Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3) 2. Transaction
Date
(Month/Day/Year)
2A. Deemed
Execution Date,
if any
(Month/Day/Year)
3.
Transaction
Code (Instr.
8)
4. Securities Acquired (A) or
Disposed Of (D) (Instr. 3, 4 and
5)
5. Amount of
Securities
Beneficially
Owned Following
Reported
6. Ownership
Form: Direct
(D) or Indirect
(I) (Instr. 4)
7. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
Code V Amount (A) or
(D)
Price Transaction(s)
(Instr. 3 and 4)
Common Stock 02/17/2022 M 6,667 A \$4.8 59,671 D
Common Stock 02/17/2022 F 3,010(1) D \$10.63 56,661 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of
Derivative
Security
(Instr. 3)
2.
Conversion
or Exercise
Price of
Derivative
Security
3. Transaction
Date
(Month/Day/Year)
3A. Deemed
Execution Date,
if any
(Month/Day/Year)
4.
Transaction
Code (Instr.
8)
5. Number
6. Date Exercisable and
of
Expiration Date
Derivative
(Month/Day/Year)
Securities
Acquired
(A) or
Disposed
of (D)
(Instr. 3, 4
and 5)
7. Title and
Amount of
Securities
Underlying
Derivative Security
(Instr. 3 and 4)
8. Price of
Derivative
Security
(Instr. 5)
9. Number of
derivative
Securities
Beneficially
Owned
Following
Reported
Transaction(s)
(Instr. 4)
10.
Ownership
Form:
Direct (D)
or Indirect
(I) (Instr. 4)
11. Nature
of Indirect
Beneficial
Ownership
(Instr. 4)
Code V (A) (D) Date
Exercisable
Expiration
Date
Title Amount
or
Number
of
Shares
Stock
Option
(right to
buy)
\$4.8 02/17/2022 M 6,667 12/30/2020 01/08/2030 Common Stock 6,667 \$0 0 D

Explanation of Responses:

  1. Represents a cashless exercise of outstanding stock options to purchase 6,667 shares of common stock. The reporting person received 3,657 shares of common stock and surrendered 3,010 shares of common stock underlying the stock option in payment of the exercise price.

/s/ Kevin Rakin 02/22/2022

** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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