Spectrum Geo: Stock Options




Spectrum ASA has in accordance with the company’s option program, approved in the general meeting May 23rd 2014, granted 100.000 options to the primary insider Mike Mellen. Following this grant Mike Mellen holds 100.000 options and 0 shares in the company.
The exercise price of each option is equal to the VWAP (Volume Weighted Average Price) 20 (twenty) trading days immediately prior to grant date.



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