Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 213

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 6
Chunk 213
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 directors. Assumptions and key variables used in the calculation of such amounts
are described in Note 2 to our audited consolidated financial statements included in Item 18 of this Annual Report.

As of December 31, 2024, options
to purchase 9,375,887 ordinary shares granted to our executive officers and directors as a group were outstanding under our equity incentive
plans at a weighted average exercise price of $4.60 per ordinary share. As of December 31, 2024, 549,417 restricted share units granted
to our executive officers and directors were outstanding under our equity incentive plans.

We currently pay each of our
non-employee directors an annual retainer of $26, with an additional annual payment for service on board committees as follows: $18 (or
$21 for the chairperson) per membership of the audit committee, or $12 (or $14 for the chairperson) per membership of the compensation
committee, $6 (or $7 for the chairperson) per membership of the nominating and governance committee and $5 (or $6 for the chairperson)
per any membership on any other standing board committee. In addition, upon election, non-employee directors and each employee director
that serves as chairperson of our board of directors, will be granted equity awards under our incentive plan at a value of $100, which
will vest on a monthly basis over a period of three years. In addition, each non-employee director and each employee director that serves
as chairperson of our board of directors will be granted annual equity awards under our incentive plan (provided the director is still
in office) at a value of $100, which will vest on the earlier of the first anniversary of the date on which such options and restricted
share units were granted or the date upon which our next annual general meeting of the shareholders is convened, subject to such director’s
continued service through such date. Any unvested equity grants will accelerate and fully vest upon the occurrence of a change in control
transaction.

Share Option Plans

2016 Share Incentive Plan

We adopted our 2016 Share
Incentive Plan (the “2016 Plan”) on September 8, 2016. The 2016 Plan provides for the grant of options to our and our subsidiaries’
and affiliates’ employees, directors, office holders, service providers and consultants. Following the closing of the Business Combination,
we no longer issue awards under the 2016