Farma

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10.01.2020 kl 13:48 3459

Observe Medical ASA Board of Directors has on January 9 2020, as part of a long-term incentive plan, approved granting Björn Larsson (CEO in Observe Medical ASA) 60 000 series A options and 60 000 series B options. Each option, when exercised, will give the right to acquire one share in Observe Medical ASA. The options are granted without consideration.

The series A options are granted vest over a 3 year period, with 1/3 after 12 months, 1/3 after 24 months and the last third after 36 months. The series A option shares have a 12 month lock-up period tied to them. Options that have not been exercised will lapse 3.5 years after grant date.

The series B options are granted vest on the date of the option agreement. The series B option shares have a 24 month lock-up period tied to them. Options that have not been exercised will lapse as of January 1 2021.

The strike price for the options is NOK 11.09 and calculated as the average price the last 10 trading days before signing of the option agreement.
Redigert 20.01.2021 kl 23:45

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