other material
confidence high
sentiment positive
materiality 0.50
Idaho Strategic grants 180,000 performance stock options at $5.25; CEO forfeits 21,429 options
Idaho Strategic Resources, Inc.
- Total 180,000 options granted to employees, directors, and officers; 54 employees each receive 3,000 options.
- Exercise price $5.25 for most; CEO John Swallow gets 3,000 options at $5.77 per share.
- CEO forfeited 21,429 options exercisable at $5.60 to create room under the 2014 Equity Incentive Plan.
- All options vest immediately and are exercisable for 3 years from grant date (Sept 6, 2022).