Mr. Kam Gill reports
ARHT MEDIA GRANTS OPTIONS
Arht Media Inc. has granted a total of 2.5 million options to various directors, officers, consultants and employees under the stock option plan of the company. The options are exercisable at a price of 74 cents per option and shall expire on Feb. 20, 2023. The options shall vest in three equal tranches, with the first tranche vesting on the date of grant, the second tranche vesting on Feb. 20, 2019, and the third tranche vesting on Feb. 20, 2020, all subject to a four-month regulatory hold period. The grant of options remains subject to regulatory approval.
Arht Media was co-founded in 2012 by Rene Bharti, Paul Duffy and entertainer Paul Anka (chairman, board of advisers). Arht's team brings decades of experience from fields including entertainment, technology, marketing and finance. Advisers to the company include the likes of Larry King, Jason Bateman, Richard (Skip) Bronson, Michael Buble, Carlos Slim, Irving Azoff and Kevin O'Leary. The company's technology is protected by U.S. patent No. 9,581,962.
We seek Safe Harbor.
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