New Found Gold grants 1,499,543 stock options at $2.37 per share
NFGC•Stock options, RSUs and DSUs granted to officers and employees
New Found Gold granted 1,499,543 incentive stock options to officers and employees at an exercise price of $2.37.
The options run for five years, expiring Aug. 14, 2031, with vesting provisions.
The company also issued 782,680 RSUs to officers and directors; one-third vests after one year, then annually until fully vested.
It granted 128,454 DSUs to officers and directors; the units vest one year from grant, then redeem following termination under the plan.
