Valerie Barber Palmieri, Vermillion's President and CEO and a director of the company, just received 450,000 options from the company. The strike price of the options received was $7.40, and these expire on March 19, 2031. Palmieri now owns at least 450,000 options on the company.
Some additional info was provided as follows:
The option vests in four equal annual installments beginning on March 19, 2022.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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