Announcement from Össur hf. nr. 3/2014
Reykjavík, 6. February 2014
Share Options Settled
100,000 share options granted on 15 December 2009 to Sveinn Sölvason, CFO and Margrét Lára Friðriksdóttir, EVP of HR and Corporate Strategy, respectively, vested on 15 December 2013. The share options could not be exercised due to a closed period for insider trading and restrictions in the Icelandic Act on Foreign Exchange. Therefore the options will be settled with cash payment equaling the difference of the exercise price (DKK 5.32) and the market price (DKK 11.30), multiplied with the number of share options. Total payments amount to USD 0.2 million.
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Source: Ossur Hf via GlobeNewswire
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