Mitch C. Hill,, a director of Ominto, Inc., just received 280,000 options from the company. The strike price of the options received was $2.80, and these expire on dates ranging from January 26, 2024 to June 06, 2024. Hill, now owns at least 280,000 options on the company.
Some additional info was provided as follows:
Option vests as follows: 50,344 options vested on the grant date, the remaining shares vest at a rate of 3,472 per month on the 26th day of each month over 4.83 years from the grant date.
Option vests as follows: 5,000 options vested on the grant date, the remaining shares vest at a rate of 1/36 per month on the 6th of each month.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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