leadership
confidence high
sentiment neutral
materiality 0.50
Nutriband grants stock options to CEO, President, CFO, COO, CSO and amends stock plan
NutriBand Inc.
- Item 3.02: Unregistered sales of options to purchase 97,500 shares each to CEO Gareth Sheridan and President Serguei Melnik at $2.61/share.
- Options also granted to CFO Gerald Goodman (75,000 shares), COO Alan Smith (70,000), CSO Jeff Patrick (25,000), and others at $2.37/share.
- Item 8.01: Board adopted amendment to 2021 Employee Stock Option Plan, increasing shares from 875,000 to 1,400,000.
- Amendment to be submitted to stockholders at 2025 Annual Meeting; if not approved within one year, void and options issued pending approval null.
- Item 3.02 also includes a warrant to purchase 15,000 shares to counsel Michael Paige at $2.37/share.