Kenneth H. Slack, a director of Meridian Corp, just received 100 options from the company. The strike price of the options received was $27.75, and these expire on May 21, 2031. Slack 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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