RE:RE:RE:RE:Options GrantedThat makes a lot of sense. Pierre will surely get rewarded with the employee shares as he's a key part of their success :)
The last 100,000 shares were granted to Virendra Jha (of the 1.7 million), and a further 100,000 went to Landry-Tolszczuk, Sara-Catherine, the new legal counsel/corporate secretary.
topseeker wrote: analyst8 wrote: Pierre is not a Director. The 1,700,000 options were for the directors. Maybe Pierre will get part of the 760,000 thats meant for the employees. We will see soon enough. Regardless, the logistics are taken care of, time for this rocket ship to take off!
CndnBacon wrote: I believe we are still missing Pierre and Jha...
analyst8 wrote: Looks like these four Directors got the options. Not sure whom the other 100,000 option is for, maybe for
Jha, Virendra | Filed 2020-07-21 13:58 Tx date 2020-07-16 | $PYR
PYROGENESIS CANADA INC. | Abdalla, Andrew 4 - Director of Issuer Direct Ownership | Options 50 - Grant of options |
+100,000 vol | 750,000 | |
| Filed 2020-07-21 13:31 Tx date 2020-07-16 | $PYR
PYROGENESIS CANADA INC. | Blank, Michael 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership | Options 50 - Grant of options |
+100,000 vol | 300,000 | |
| Filed 2020-07-21 13:24 Tx date 2020-07-16 | $PYR
PYROGENESIS CANADA INC. | Radin, Robert Michael 4 - Director of Issuer Direct Ownership | Options 50 - Grant of options |
+100,000 vol | 100,000 | |
| Filed 2020-07-21 12:44 Tx date 2020-07-16 | $PYR
PYROGENESIS CANADA INC. | Pascali, Photis Peter 3 - 10% Security Holder of Issuer, 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership | Options 50 - Grant of options |
+1,300,000 vol | 6,700,00 |
Following is the details of the options:
PyroGenesis has granted on July 16th, 2020, an aggregate of
1,700,000 Options to its directors entitling them to purchase an aggregate of 1,700,000 Common Shares of the Corporation, at a price of $4.41 per common share. The 1,700,000 Options will vest as follows: 25 percent at the date of the grant, 25 percent at the first anniversary of the date of grant, 25 percent at the second anniversary of the date of grant, and 25 percent at the third anniversary of the date of grant. PyroGenesis has also granted
an aggregate of 760,000 Options to employees entitling them to purchase an aggregate of 760,000 Common Shares of the Corporation, at a price of $4.41 per common share. Of these Options, 660,000 will vest as follows: 50 percent as of the date of grant and 50 percent at the first anniversary of the date of grant.
The remaining 100,000 will vest as follows: 25 percent as of the date of grant, 25 percent at the first anniversary of the date of grant, 25 percent at the second anniversary of the date of grant and 25 percent at the third anniversary of the date of grant. So my thought is 100,000 shares goes to Virendra, being a Director. Pierre gets his options as the remaining 100,000 as highlighted as being part of the 760,000 in total granted to employees.
Sincerely,
Topseeker