Oramed Pharmaceuticals Inc.

Director's Dealing • Feb 4, 2018

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 Eisenberg Hilla					2. Issuer Name and Ticker or Trading Symbol ORAMED PHARMACEUTICALS INC. [ ORMP ]									(Check all applicable) Director	5. Relationship of Reporting Person(s) to Issuer Officer (give title		10% Owner Other (specify
(Last) (First) (Middle) C/O ORAMED PHARMACEUTICALS INC. HI					3. Date of Earliest Transaction (Month/Day/Year) 01/31/2018								X	below) below) CFO, Treasurer and Secretary
TECH PARK 2/4 GIVAT-RAM P.O. BOX 39098					4. If Amendment, Date of Original Filed (Month/Day/Year)								6. Individual or Joint/Group Filing (Check Applicable Line)
(Street) JERUSALEM L3 91390													X	Form filed by One Reporting Person Form filed by More than One Reporting Person
(City)		(State)	(Zip)
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. 8)	Transaction Code (Instr. and 5)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4		5. Amount of Securities Beneficially Owned Following		(D) or		6. Ownership Form: Direct Indirect (I)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
								Code	V	Amount	(A) or (D)		Price	Reported Transaction(s) (Instr. 3 and 4)		(Instr. 4)
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 of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)			7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		of	8. Price 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)	\$8.14	01/31/2018		A		15,000		(1)		01/31/2028	Common Stock	15,000		\$0	15,000		D

Explanation of Responses:

1. The Stock Option will vest in 4 equal installments of 3,750 on each of January 1, 2019, January 1, 2020, January 1, 2021 and January 1, 2022.

/s/ Hilla Eisenberg 02/02/2018

** 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).

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