BIOLARGO, INC.'s Secretary was just granted 50,000 options

Joseph L Provenzano, BIOLARGO, INC.'s Secretary and a director of the company, just received 50,000 options from the company. The strike price of the options received was $0.18, and these expire on May 21, 2031. Provenzano now owns at least 1,508,661 options on the company.

Some additional info was provided as follows:


This Option was granted to Reporting Person to replace an option to purchase 200,000 shares that had been issued approximately 10 years ago to compensate Reporting Person for services to the Issuer and had recently expired unexercised due to a discrepancy between the original exercise price and the Issuer's current stock price, pursuant to plan adopted by the Issuer's Compensation Committee.
This amount reflects, in addition to the reported option grant, the expiration of an option to purchase an 200,000 shares of common stock.

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:

Major owner of BIOLARGO, INC. just picked up 61,842 shares - Oct. 6, 2021
BIOLARGO, INC. director was just granted 98,684 options - Oct. 5, 2021
BIOLARGO, INC. director was just granted 98,684 options - Oct. 5, 2021
BIOLARGO, INC. director was just granted 78,947 options - Oct. 5, 2021
BIOLARGO, INC. director was just granted 78,947 options - Oct. 5, 2021

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