Osisko Development Grants 1.1M Options at C$4.51 and 1.4M RSUs
Osisko Development granted 1,104,400 stock options at C$4.51 strike, expiring April 1, 2031, vesting over three years as part of its Omnibus Plan. It also awarded 1,426,600 restricted share units that will cliff vest on April 1, 2029, subject to time and performance conditions.
1. Annual Incentive Awards
The board of Osisko Development approved an aggregate grant of 1,104,400 stock options and 1,426,600 restricted share units under its Omnibus Equity Incentive Plan as part of its annual compensation review.
2. Option and RSU Terms
Options carry a C$4.51 exercise price, expire April 1, 2031 and vest in three equal annual installments; RSUs cliff vest on April 1, 2029 and are subject to specified time-based and performance conditions.