EVP of Meridian Corp was just granted 5,000 options

Joseph L. Cafarchio, EVP of Meridian Corp, just received 5,000 options from the company. The strike price of the options received was $31.85, and these expire on August 22, 2032. Cafarchio now owns at least 5,000 options on the company.

Some additional info was provided as follows:

The options vest 25% at the date of each grant and then in three equal annual installments beginning on the 1 year anniversary of each grant.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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