Jeffrey S Hyland, CTI Industries Corporation's President and a director of the company, just received 350,000 options and restricted shares from the company. The strike price of the options received was $3.79, and these expire on December 01, 2022. The restricted shares don't become available to Hyland until December 01, 2022. Hyland now has at least 1,827,640 options, and at least 75,000 restricted shares.
Some additional info was provided as follows:
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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