SILICOM LTD.

Code

M

Shares

5,000

Price

$16.42

Footnotes

5

On June 18, 2024 (the "Grant Date"), the Reporting Person was granted an aggregate of 10,000 options of which 50% were due to vest on the second anniversary of the Grant Date and 50% are due to vest on the third annual anniversary of the Grant date, subject to his continuous service relationship with the Issuer through each applicable vesting date. These securities are held by a trustee pursuant to the Issuer's equity incentive plan. Each restricted share unit (RSU) represents the right to receive, following vesting, one share of the Issuer. Each option represents an option to purchase one share of the Issuer's ordinary shares upon vesting. The options were granted on June 18, 2025 (the "Grant Date") and will vest as follows: (a) 50% on the second annual anniversary of the Grant Date; and (b) 50% on the third annual anniversary of the Grant Date subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. Subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date, (a) 2,445 of the RSUs will vest and convert into ordinary shares one year after the grant date (which grant date is January 29, 2026), (b) 2,444 of the RSUs will vest and convert into ordinary shares on the second annual anniversary of the grant date and (c) 2,444 of the RSUs will vest and convert into ordinary shares on the three year anniversary of the grant date. If a vesting date falls on a non-business date, the next business date shall apply.