Jr. William Mcsherry,, 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. Mcsherry, 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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Other recent filings from the company include the following:
Regulation FD - Jan. 8, 2018