Gaming Innovation Group – Mandatory Trade Notification – European Gaming Industry News
Gaming Innovation Group Inc. (GiG) today granted 1,700,000 options to key employees. The exercise price is NOK 22.00 per share, and the options are 20% exercisable after January 1, 2023, 30% after January 1, 2024 and 50% after January 1, 2025. All options expire on December 31, 2027 and are conditional upon exercise.
Richard Brown, CEO and key insider of GiG, has been granted 30,000 stock options of GiG on the terms set out above. After the grant, Richard Brown and his close associates hold 121,000 GiG shares and 110,000 GiG stock options.
Ben Clemes, CCO and principal insider of GiG, has been granted 30,000 stock options of GiG on the conditions set out above. After the grant, Ben Clemes holds 1,907,146 GiG shares and 60,000 GiG stock options.
Chris Armes, CIO and key insider of GiG, has been granted 30,000 stock options of GiG on the terms set out above. After the grant, Chris Armes holds 0 shares and 210,000 stock options of GiG.
Tore Formo, Group Chief Financial Officer and key GiG insider, has been granted 30,000 stock options in GiG on the terms set out above. After the grant, Tore Formo holds 458,167 GiG shares and 60,000 GiG stock options.
Justin Psaila, Chief Financial Officer and Principal Insider of GiG, has been granted 30,000 stock options of GiG on the terms set out above. After the grant, Justin Psaila holds 2,100 GiG shares and 132,000 GiG stock options.
Jonas Warrer, Chief Marketing Officer and Managing Director of GiG Media, and a top insider of GiG, has been granted 30,000 stock options of GiG on the terms set out above. After the grant, Jonas Warren and his close associates hold 400,886 GiG shares and 60,000 GiG stock options.
Claudio Caruana, General Counsel and Principal Insider of GiG, has been granted 30,000 stock options of GiG on the terms set forth above. After the grant, Claudio Caruana holds 100 GiG shares and 60,000 GiG stock options.
Claudia Ginex, Chief People Officer and key insider of GiG, has been granted 30,000 stock options of GiG on the terms set out above. After the grant, Claudia Ginex holds 0 GiG shares and 60,000 GiG stock options.