Ernest Ortega, Towerstream Corporation's Chief Executive Officer, has now declared ownership of 2,139,585 options from the company. The strike prices of the options received ranged from $0.17 to $7.00, and these expire on dates ranging from January 01, 2026 to January 24, 2027.

Some additional info was provided as follows:

Vested monthly over a one-year period from January 1, 2016. Granted on September 16, 2016 and vests six months thereafter. Granted on January 3, 2017 and vests six months thereafter. One-third vests on the one-year anniversary of the date of grant and the remaining two-thirds vest in eight subsequent equal quarterly installments following the one-year anniversary of the date of grant, so long as Reporting Person remains employed by the Issuer on the vesting date. 50% vests upon three consecutive quarters with positive cash flow and 50% vests upon sale of the Issuer's grandfathered earth station and related assets for gross proceeds equal to or greater than $15,000,000.

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:

Towerstream Corporation's Chief Financial Officer just declared owning 3 shares of Towerstream Corporation - Jan. 16, 2018
Departure of Directors or Certain - Jan. 11, 2018
Tier Change - Jan. 9, 2018

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