Gregory Sargen, Cambrex Corporation's Executive Vice President & CFO, just received 30,000 options from the company. The strike price of the options received was $41.36, and these expire on October 21, 2022. Sargen now owns at least 30,000 options on the company.
Some additional info was provided as follows:
The option, representing a right to purchase a total of 30,000 shares, becomes exercisable in four equal installments beginning on October 21, 2016, which is the first anniversary of the date on which the option was granted.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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