Robert G. Shawah, Dipexium Pharmaceuticals, Inc.'s Chief Accounting Officer, just received 130,000 options from the company. The strike price of the options received was $1.80, and these expire on January 17, 2027. Shawah now owns at least 130,000 options on the company.
Some additional info was provided as follows:
Options to purchase shares of common stock vest as follows: options to purchase 65,000 shares of common stock vested on January 17, 2017; options to purchase 2,708 shares of common stock vest monthly in each of the 23 months after the date of grant and options to purchase 2,716 shares of common stock will vest on the 24th month anniversary of the date of grant.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Dipexium Pharmaceuticals, Inc. makes a similar move, sign up!