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As a Portfolio Manager of Perceptive Advisors LLC, a related entity to Perceptive Life Sciences Master Fund Ltd., Mr. Chawla may be deemed to have investment control over any securities owned of record by Perceptive Life Sciences Master Fund Ltd. Mr. Chawla disclaims for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that Mr. Chawla is the beneficial owner of such securities for purposes of Section 16 or for any other purposes."}],"balance_after":9345725,"source":{"system":"sec-edgar","filing":"0001493152-17-012235","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/764195/000149315217012235/form4.xml","form_type":"4"}},{"id":4280130,"issuer":{"id":111039,"kind":"organization","name":"VBI Vaccines Inc/BC","symbol":"VBIV"},"owners":[{"id":113135,"kind":"person","name":"CHAWLA SAM","position":1,"cik":"0001592969","reported_name":"CHAWLA SAM","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Restricted Stock Units (RSUs)","published_at":"2017-06-16T17:57:31.000Z","date":"2017-06-14","kind":"exercise","acquired":false,"shares":12500,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Each restricted stock unit represents the right to receive, at settlement, one common share. This transaction represents the settlement of restricted stock units in common shares on their scheduled vesting date."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Each restricted stock unit represents the right to receive, at settlement, one common share. This transaction represents the settlement of restricted stock units in common shares on their scheduled vesting date."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F3","text":"The restricted stock units vest 1/3 per year over 3 years, beginning on June 14, 2017, subject to continued service through each vesting date."}],"balance_after":25000,"derivative":{"expiration_date":"2026-06-14","underlying":"Common Shares","underlying_shares":12500},"source":{"system":"sec-edgar","filing":"0001493152-17-006778","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/764195/000149315217006778/form4.xml","form_type":"4"}},{"id":4280129,"issuer":{"id":111039,"kind":"organization","name":"VBI Vaccines Inc/BC","symbol":"VBIV"},"owners":[{"id":113135,"kind":"person","name":"CHAWLA SAM","position":1,"cik":"0001592969","reported_name":"CHAWLA SAM","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Shares, no par value per share","published_at":"2017-06-16T17:57:31.000Z","date":"2017-06-14","kind":"exercise","acquired":true,"shares":12500,"ownership":{"direct":true},"footnotes":[{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Each restricted stock unit represents the right to receive, at settlement, one common share. This transaction represents the settlement of restricted stock units in common shares on their scheduled vesting date."}],"balance_after":25000,"source":{"system":"sec-edgar","filing":"0001493152-17-006778","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/764195/000149315217006778/form4.xml","form_type":"4"}},{"id":4367639,"issuer":{"id":111039,"kind":"organization","name":"VBI Vaccines Inc/BC","symbol":"VBIV"},"owners":[{"id":113135,"kind":"person","name":"CHAWLA SAM","position":1,"cik":"0001592969","reported_name":"CHAWLA SAM","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Option (Right to Buy Common Shares)","published_at":"2017-03-31T20:11:34.000Z","date":"2017-03-30","kind":"grant","acquired":true,"shares":12500,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The reporting person is a participant in the Issuer's Incentive Plan (the \"Plan\"). The board of directors of the Issuer approved the option grant on January 26, 2017 (the \"Grant Date\"). The options were granted pursuant to that certain option agreement entered into by and between the Issuer and the reporting person, dated March 30, 2017 (the \"Option Agreement\"). The options vest and become exercisable in 48 equal monthly installments beginning on the first day of the month following the Grant Date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"The options expire 10 years from the Grant Date unless terminated sooner in accordance with the Plan or the Option Agreement."}],"balance_after":12500,"derivative":{"exercise_price":3.79,"expiration_date":"2027-01-26","underlying":"Common Shares","underlying_shares":12500},"source":{"system":"sec-edgar","filing":"0001493152-17-003309","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/764195/000149315217003309/form4.xml","form_type":"4"}}]}