Gaming Innovation Group Inc. (GiG) has today granted 1,700,000 options to key employees. The exercise price is NOK 22.00 per share, and the options are exercisable with 20% after 1 January 2023, 30% after 1 January 2024 and 50% after 1 January 2025. All options expire on 31 December 2027 and are conditional upon employment at time of exercise.
Richard Brown, CEO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Richard Brown and close associates holds 121,000 shares in GiG and 110,000 options to buy shares in GiG.
Ben Clemes, CCO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Ben Clemes holds 1,907,146 shares in GiG and 60,000 options to buy shares in GiG.
Chris Armes, CIO and primary…
