other material
confidence high
sentiment neutral
materiality 0.35
Benitec Biopharma grants 666,558 stock options to CEO and executive director at $5.21
Benitec Biopharma Inc.
- Compensation Committee approved nonqualified options for CEO Jerel Banks (466,554 shares) and Exec. Director Megan Boston (200,004 shares).
- Exercise price of $5.21 per share equals March 6, 2024 closing price.
- Options vest in three equal annual installments; full acceleration upon change in control.
- Grants made under the Company's 2020 Equity and Incentive Compensation Plan.