Immunotec Grants Options to Directors and Officers
VAUDREUIL-DORION, QUEBEC,(MARKETWIRE via COMTEX) -- Immunotec Inc. (the "Corporation") /quotes/comstock/11v!imm (CA:IMM 0.38, 0.00, 0.00%) today announced that pursuant to the Immunotec Stock Option Plan, six directors and two officers were granted options entitling them to acquire up to an aggregate of 225,000 common shares of the Corporation (the "Shares") at an exercise price of $0.375 being the closing price of the Corporation's Shares on the TSX-Venture Exchange on the trading day preceding the grant. These options vest over a three-year period, with one-third (1/3) which vest immediately, and one-third (1/3) which shall vest on each of the first and second anniversaries of the date of the grant. Each option is exercisable, once vested, for a period of five years from the date of the grant.
SOURCE: Marketwire Press Release
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