Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 687

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 687
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     25,000  
    August 11, 2025

     119,000  
        
     119,000  

    d.
    Share option plans:

On April 1, 2019, the Company’s
board of directors adopted the Sativus Tech Corp. 2018 Share Options Plan (the “2018 Plan”).

Awards granted under the 2018 Plan are
subject to vesting schedules and unless determined otherwise by the administrator of the 2018 Plan, generally vest following a period
of four years from the applicable vesting commencement date, such that the awards vest in four annual equal instalments and/or generally
vest following a period of one year from the applicable vesting commencement date, such that the awards vest in four quarterly equal instalments.

(i) A summary of employee share options
activity during the years ended December 31, 2024, 2023 is as follows:

     Schedule of employee share option activity 

    Number  
    Average weighted exercise price 
  
    Options outstanding at January 1, 2023 
     240,000  
    $0.7 
  
    Exercised 
     (80,000) 
    0.01 

    Options outstanding at December 31, 2023 
     160,000  
     1.05 
  
    Exercised 
     (95,000) 
     1.00 

    Options outstanding at December 31, 2024 
     65,000  
     1.12 

    Options exercisable at December 31, 2024 
     65,000  
    $1.12 

     F-24 

The following options are outstanding
as of December 31, 2024:

     Schedule of options outstanding 

    Issuance date 
    Options outstanding  
    Exercise price per option  
    Options outstanding and exercisable  
    Expiry date
  
    September 1, 2020 
     15,000  
    $0.70  
     15,000  
    September 1, 2025
  
    November 3, 2020 
     25,000  
    $1.00  
     25,000  
    October 25, 2025
  
    November 3, 2020