Kenneth H. Slack, a director of Meridian Corp, just received 100 options from the company. The strike price of the options received was $26.00, and these expire on July 29, 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.
To receive a free e-mail notification whenever Meridian Corp makes a similar move, sign up!