Edward J. Hollin, a director of Meridian Corp, just received 100 options from the company. The strike price of the options received was $24.44, and these expire on February 26, 2031. Hollin now owns at least 100 options on the company.
Some additional info was provided as follows:
The options vest 25% at the date of each grant and then in three equal annual installments beginning on the 1 year anniversary of each grant.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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