other_material
confidence high
sentiment neutral
materiality 0.25
Modular Medical grants 15,892 stock options to CEO/CFO and COO
Modular Medical, Inc.
- 11,218 options awarded to Chairman/President/CFO Paul DiPerna.
- 4,674 options awarded to COO Kevin Schmid.
- Exercise price $3.46; vesting begins May 14, 2027 (1/3) then monthly (1/24).
- Options expire on May 14, 2036; granted under Amended 2017 Equity Plan.
- No departure or election; purely compensatory arrangement for named officers.
item 5.02item 9.01