Don Macneil, a director of Towerstream Corporation, just received 2,500 options from the company. The strike price of the options received was $0.16, and these expire on May 31, 2027. Macneil now owns at least 2,500 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.
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 Towerstream Corporation makes a similar move, sign up!