Carla S Gatzke, Daktronics's Secretary and VP of Human Reso, just received 8,750 options and restricted shares from the company. The strike prices of the options received ranged from $0.00 to $5.66, and these expire on September 02, 2031. The restricted shares don't become available to Gatzke until such time as they become vested. Gatzke now has at least 86,100 options, and at least 7,550 restricted shares.
Some additional info was provided as follows:
Incentive Stock Options 20% vested each year for a total of five years - vesting schedule 08/23/2022, 08/23/2023, 08/23/2024, 08/23/2025, 08/23/2026.
Each Restricted Stock Unit represents the contingent right to receive one share of Daktronics, Inc. common stock.
Restricted Stock Units granted on 09/02/20 21 vest 20% each year for five years beginning on 08/23/2022. Vested shares will be delivered to the reporting person as soon as practicable after the date of vesting.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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