David Garrett, Dipexium Pharmaceuticals, Inc.'s VP Finance & Corp. Dev, just received 35,000 options from the company. The strike price of the options received was $10.16, and these expire on January 19, 2026. Garrett now owns at least 35,000 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.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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