Eightco Holdings grants CFO 100,000 stock options
Eightco Holdings Inc. reported that CFO and director Brett Earl James Vroman received a grant of stock options covering 100,000 shares of common stock as compensation for Board service.
Rhea-AI Filing Summary
Eightco Holdings Inc. reported that CFO and director Brett Earl James Vroman received a grant of stock options covering 100,000 shares of common stock as compensation for Board service. The options have an exercise price of $1.01 per share and expire on March 11, 2036.
The award vests in four equal annual installments of 25% each, beginning on the first anniversary of the grant date, conditioned on his continued service with the company. Following this grant, Vroman holds stock options for 100,000 underlying shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 100,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The stock options were issued under the Cryptyde, Inc. 2022 Long-Term Incentive Plan (the "Plan") as compensation for services on the Board of Directors of Eightco Holdings Inc. (the "Company"). Each stock option shall vest in four (4) equal annual installments of 25% each, beginning on the first anniversary of the grant date, subject to the Reporting Person's continued service with the Company through each applicable vesting date. Each stock option shall expire on the date that is ten (10) years following the grant date.
FAQ
What insider transaction did Eightco Holdings Inc. (OCTO) report in this Form 4?
What is the exercise price and expiration date of the Eightco Holdings (OCTO) options?
How do the Eightco Holdings (OCTO) options vest for the CFO and director?
Was this Eightco Holdings (OCTO) Form 4 an open-market purchase or a compensation grant?
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