other material
confidence high
sentiment neutral
materiality 0.65
Creatd adopts 2022 Omnibus Plan, grants options to CEO, Chairman, President, and CFO
Creatd, Inc.
- Board approved 2022 Omnibus Securities and Incentive Plan for up to 5,450,000 common shares plus annual increases; subject to shareholder approval.
- Tranche 1 options granted to CEO, Exec Chairman, President (195k each) and CFO (50k) vest upon shareholder approval.
- Tranche 2 options for same executives require $6M FY2022 net revenue; vesting prices $1.32/$1.58/$1.90.
- Plan authorizes various award types including options, restricted stock, RSUs, SARs, and distribution equivalent rights.