Philip Urso, Towerstream Corporation's Interim Chief ExecutiveOfficer and a director of the company, just received 206,500 options from the company. The strike prices of the options received ranged from $2.25 to $2.50, and these expire on dates ranging from July 28, 2026 to August 18, 2026. Urso now owns at least 252,062 options on the company.
Some additional info was provided as follows:
These options were granted under the registrant's 2007 Incentive Stock Plan as part of the terms of Mr. Urso's compensation for his service as Interim Chief Executive Officer. The options were fully vested on the date of grant.
Options granted under registrant's 2016 Equity Incentive Plan. The options vest quarterly over a one year period commencing on the grant date. The op
tion grant is subject to shareholder approval prior to the one year anniversary of the grant date.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Entry into a Material Definitive - May 31, 2018