leadership
confidence high
sentiment neutral
materiality 0.30
BioLargo extends CFO engagement through Jan 2023; grants 300k-share option at $0.24
BIOLARGO, INC.
- CFO Charles K. Dargan II engagement extended one year to January 31, 2023.
- Sole compensation: option to purchase 300,000 shares (25,000/month) at $0.24 per share.
- Option vests monthly beginning March 2022; no cash compensation for the term.
- Option granted under 2018 Equity Incentive Plan, expires ten years from grant date.
- Either party can terminate the agreement with 30 days' written notice.