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Oramed Pharmaceuticals Inc. — Director's Dealing 2021
Aug 11, 2021
6965_dirs_2021-08-11_8d74fcfb-3c0e-4989-b4f7-b33171f10646.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ORAMED PHARMACEUTICALS INC. (ORMP)
CIK: 0001176309
Period of Report: 2021-08-09
Reporting Person: RAKIN KEVIN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-09 | Common Stock | M | 5697 | $6.23 | Acquired | 20758 | Direct |
| 2021-08-09 | Common Stock | F | 1683 | $21.09 | Disposed | 19075 | Direct |
| 2021-08-09 | Common Stock | M | 6666 | $4.80 | Acquired | 25741 | Direct |
| 2021-08-09 | Common Stock | F | 1517 | $21.09 | Disposed | 24224 | Direct |
| 2021-08-09 | Common Stock | M | 10000 | $4.17 | Acquired | 34224 | Direct |
| 2021-08-09 | Common Stock | F | 1977 | $21.09 | Disposed | 32247 | Direct |
| 2021-08-09 | Common Stock | M | 56773 | $7.77 | Acquired | 89020 | Direct |
| 2021-08-09 | Common Stock | F | 20916 | $21.09 | Disposed | 68104 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-09 | Stock Option (right to buy) | $6.23 | M | 5697 | Disposed | 2027-02-09 | Common Stock (5697) | Direct |
| 2021-08-09 | Stock Option (right to buy) | $4.80 | M | 6666 | Disposed | 2030-01-08 | Common Stock (6666) | Direct |
| 2021-08-09 | Stock Option (right to buy) | $4.17 | M | 10000 | Disposed | 2029-09-11 | Common Stock (10000) | Direct |
| 2021-08-09 | Stock Option (right to buy) | $7.77 | M | 56773 | Disposed | 2027-06-30 | Common Stock (56773) | Direct |
Footnotes
F1: Represents a cashless exercise of outstanding stock options to purchase 5,697 shares of common stock. The reporting person received 4,014 shares of common stock and surrendered 1,683 shares of common stock underlying the stock option in payment of the exercise price.
F2: Represents a cashless exercise of outstanding stock options to purchase 6,666 shares of common stock. The reporting person received 5,149 shares of common stock and surrendered 1,517 shares of common stock underlying the stock option in payment of the exercise price.
F3: Represents a cashless exercise of outstanding stock options to purchase 10,000 shares of common stock. The reporting person received 8,023 shares of common stock and surrendered 1,977 shares of common stock underlying the stock option in payment of the exercise price.
F4: Represents a cashless exercise of outstanding stock options to purchase 56,773 shares of common stock. The reporting person received 35,857 shares of common stock and surrendered 20,916 shares of common stock underlying the stock option in payment of the exercise price.
F5: The options vested as follows: 15,591 vested on December 31, 2017, 2018 and 2019 and additional 10,000 vested on December 31, 2020.