other material
confidence high
sentiment neutral
materiality 0.30
Sonoma Pharmaceuticals grants 180,000 stock options to executive officers at $0.18 per share
Sonoma Pharmaceuticals, Inc.
- CEO Amy Trombly, interim CFO Jerry Dvonch, and COO Bruce Thornton each received 60,000 options.
- Exercise price of $0.18 is based on December 29, 2023 closing price.
- Options vest in three equal annual tranches; non-employee directors waived their grants.
- All options fully vest upon a change of control.
- Total options granted to executive officers: 180,000.