other material
confidence high
sentiment neutral
materiality 0.50
My Size reduces exercise price of executive options to $1.09 from $26.00
My Size, Inc.
- Compensation Committee repriced 23,575 options held by officers and directors to $1.09/share, the July 13 closing price.
- CEO Ronen Luzon repriced options on 8,001 shares; CFO Or Kles on 5,760 shares; COO Billy Pardo on 6,094 shares.
- Original exercise prices were $26.00 per share; new price reflects a ~96% reduction.