Liberty Star awards 11,750,000 stock options to directors, officers and managers
LBSR•Liberty Star awarded 11,750,000 non-qualified stock options on October 28, 2026, with a $0.02 exercise price and a 10-year term. Chairman Pete O'Heeron received an additional 3,500,000 options tied to milestones.
1. Option awards
Liberty Star awarded 11,750,000 non-qualified stock options to directors, officers and managers on October 28, 2026. The options vest in equal thirds upon issuance and on the first two anniversaries, carry a $0.02 exercise price and have a 10-year term. Repricing requires stockholder approval.
2. Additional plan
Chairman Pete O'Heeron received an additional 3,500,000 options tied to milestones. A proposed 25,000,000-share 2026 Equity Incentive Plan will go to stockholders within 12 months and would enable future incentive stock option awards for employees.
