Howard L Haronian, a director of Towerstream Corporation, just received 98,333 options from the company. The strike prices of the options received ranged from $2.25 to $3.60, and these expire on dates ranging from May 31, 2026 to August 18, 2026. Haronian now owns at least 158,089 options on the company.
Some additional info was provided as follows:
Options granted under the registrant's 2008 Non-Employee Directors Compensation Plan. The options vest monthly over a one year period commencing on the grant date.
Options granted under the registrant's 2007 Incentive Stock Plan. The options were fully vested upon issuance.
Options granted under registrant's 2016 Equity Incentive Plan. The options vest quarterly over a one year period commencing on the grant date.
The option 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