Fort Technology Grants Restricted Share Units
Fort Technology (NASDAQ: FRTT; TSXV: FORT) granted an aggregate of 102,857 restricted share units under its fixed 20% Omnibus Equity Incentive Plan, which caps total share issuance at 1,904,285 common shares. The grants include 30,000 RSUs to an officer and 72,857 RSUs to consultants, with half vesting on June 22, 2027 and one-eighth of the remaining balance vesting every three months thereafter.
Key figures
- Rsus granted
- 102857
- Rsus to officer
- 30000
- Vesting schedule
- half on June 22, 2027, then 1/8 of remaining balance every 3 months
- Rsus to consultants
- 72857
- Plan share issuance cap
- 1904285
AI analysis
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