Dipexium Pharmaceuticals, Inc. director was just granted 15,000 options

Michael E. Duffy, a director of Dipexium Pharmaceuticals, Inc., just received 15,000 options from the company. The strike price of the options received was $11.35, and these expire on January 05, 2025. Duffy now owns at least 15,000 options on the company.

Some additional info was provided as follows:

Options vest as follows: 50% on the date of grant and the remaining 50% vests in equal installments over a 24 month period, subject to accelerated vesting on a change of control.

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

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