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Graphite One Announces Grant of Long-Term Incentive Awards
Graphite One Announces Grant of Long-Term Incentive Awards Canada NewsWire ...
About this update from Graphite One Inc.
[{"type":"text","content":"\n\n\n\n Graphite One Announces Grant of Long-Term Incentive Awards\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 22, 2025\n \n\n /CNW/ -\n \n Graphite One Inc.\n \n (TSXV: GPH) (OTCQX: GPHOF)\n \n (\"Graphite One\", \"G1\" or the \"Company\"),\n \n announces that the board of directors has approved a grant of long-term incentive awards for calendar year 2025 to employees, officers, directors and consultants consisting of 410,000 stock options (the \"\n \n Options\n \n \"), 3,024,730 restricted share units (\"\n \n RSUs\n \n \") and 2,441,716 performance share units (\"\n \n PSUs\n \n \") pursuant to the terms of the Company's Omnibus Plan.\n \n\n\n\n\n\n\n\n\n The Options have an exercise price of\n \n $0.81\n \n per share, being the closing price of the Company's shares on the TSX Venture Exchange (\"\n \n TSX-V\n \n \") on\n \n August 22, 2025\n \n . The Options vest one-third (1/3) on the first anniversary from the date of grant, and one third on\n \n April 14, 2027\n \n and  April 14, 2028 and will expire on\n \n April 14, 2030\n \n .\n \n\n Each RSU and PSU will convert into one common share of the Company on each vest date. RSUs granted to management totaling 2,441,716 will vest one-third (1/3) on the first anniversary from the date of grant, and one-third (1/3) will vest on\n \n April 14, 2027\n \n and\n \n April 14\n \n , 2028.  One-half (1/2) of the 583,014 RSUs granted to directors will vest on the first anniversary from the date of grant, and the remaining one-half (1/2) will vest on\n \n September 30, 2026\n \n . The PSUs will vest on\n \n April 13, 2028\n \n subject to the achievement of certain corporate performance criteria.  Further details regarding the Omnibus Plan are set out in the management information circular of the Company dated\n \n May 14, 2025\n \n , which is available on the Company's website\n \n click here\n \n or on SEDAR+ at\n \n www.sedarplus.ca\n \n .\n \n\n Following the above-noted grant of Options, RSUs and PSUs, the Company has 161,547,753 comm...