Clip Money Inc. Announces RSU and Option Grants
Clip Money Inc. (CLPMF) has announced the issuance of previously disclosed equity awards to executives, employees, and directors. The company granted 965,000 restricted share units (RSUs) and 27,500 options to executives and employees as performance recognition for 2024. Additionally, 450,000 RSUs were granted to directors as compensation.
Director RSUs will vest in 12 months, while executive and employee RSUs vest over three years (one-third annually). The options have a three-year vesting period with an exercise price of CAD$0.19 and expire in 10 years. These awards fall under the company's amended omnibus equity incentive plan, which allows for up to 10,516,419 Common Shares to be issued.
Clip Money Inc. (CLPMF) ha annunciato l'emissione di premi azionari precedentemente comunicati a dirigenti, dipendenti e membri del consiglio di amministrazione. La societ脿 ha assegnato 965.000 unit脿 azionarie vincolate (RSU) e 27.500 opzioni a dirigenti e dipendenti come riconoscimento delle performance per il 2024. Inoltre, 450.000 RSU sono state concesse ai membri del consiglio come compenso.
Le RSU dei membri del consiglio maturano in 12 mesi, mentre quelle di dirigenti e dipendenti maturano in tre anni (un terzo all'anno). Le opzioni hanno un periodo di maturazione di tre anni con un prezzo di esercizio di CAD$0,19 e scadono dopo 10 anni. Questi premi rientrano nel piano di incentivi azionari omnibus modificato della societ脿, che consente l'emissione fino a 10.516.419 azioni ordinarie.
Clip Money Inc. (CLPMF) ha anunciado la emisi贸n de premios accionarios previamente divulgados a ejecutivos, empleados y directores. La compa帽铆a otorg贸 965,000 unidades restringidas de acciones (RSU) y 27,500 opciones a ejecutivos y empleados como reconocimiento por desempe帽o en 2024. Adem谩s, se concedieron 450,000 RSU a los directores como compensaci贸n.
Las RSU de los directores se consolidar谩n en 12 meses, mientras que las de ejecutivos y empleados se consolidan en tres a帽os (un tercio anualmente). Las opciones tienen un per铆odo de consolidaci贸n de tres a帽os, un precio de ejercicio de CAD$0.19 y vencen en 10 a帽os. Estos premios est谩n bajo el plan de incentivos de capital omnibus enmendado de la compa帽铆a, que permite emitir hasta 10,516,419 acciones comunes.
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鞚挫偓 RSU電� 12臧滌洈 雮挫棎 鞕勳爠頌� 旆摑霅橂┌, 瓴届榿歆勱臣 歆侅洂 RSU電� 3雲勳棎 瓯胳硱 毵る厔 3攵勳潣 1鞌� 旆摑霅╇媹雼�. 鞓奠厴鞚� 3雲勳潣 旆摑 旮瓣皠鞚� 臧�歆�氅�, 頄夓偓臧�瓴╈潃 CAD$0.19, 毵岆 旮瓣皠鞚� 10雲勳瀰雼堧嫟. 鞚� 氤挫儊鞚� 斓滊寑 10,516,419 氤错喌欤� 氚滍枆鞚� 臧�電ロ暅 須岇偓鞚� 靾橃爼霅� 韱淀暕 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞐� 韽暔霅╇媹雼�.
Clip Money Inc. (CLPMF) a annonc茅 l'茅mission de r茅compenses en actions pr茅c茅demment divulgu茅es 脿 des cadres, employ茅s et administrateurs. La soci茅t茅 a accord茅 965 000 unit茅s d'actions restreintes (RSU) et 27 500 options 脿 ses cadres et employ茅s en reconnaissance de leurs performances pour 2024. De plus, 450 000 RSU ont 茅t茅 attribu茅es aux administrateurs en guise de r茅mun茅ration.
Les RSU des administrateurs seront acquises en 12 mois, tandis que celles des cadres et employ茅s seront acquises sur trois ans (un tiers par an). Les options ont une p茅riode d'acquisition de trois ans avec un prix d'exercice de 0,19 CAD et expirent au bout de 10 ans. Ces r茅compenses entrent dans le cadre du plan incitatif en actions omnibus modifi茅 de la soci茅t茅, qui permet l'茅mission de jusqu'脿 10 516 419 actions ordinaires.
Clip Money Inc. (CLPMF) hat die Ausgabe zuvor angek眉ndigter Aktienpr盲mien an F眉hrungskr盲fte, Mitarbeiter und Direktoren bekannt gegeben. Das Unternehmen gew盲hrte 965.000 Restricted Share Units (RSUs) und 27.500 Optionen an F眉hrungskr盲fte und Mitarbeiter als Leistungsanerkennung f眉r 2024. Zus盲tzlich wurden 450.000 RSUs an Direktoren als Verg眉tung vergeben.
Die RSUs der Direktoren werden nach 12 Monaten f盲llig, w盲hrend die RSUs der F眉hrungskr盲fte und Mitarbeiter 眉ber drei Jahre (je ein Drittel j盲hrlich) vesten. Die Optionen haben eine drei Jahre lange Vesting-Periode, einen Aus眉bungspreis von CAD$0,19 und verfallen nach 10 Jahren. Diese Pr盲mien fallen unter den ge盲nderten Omnibus-Aktienanreizplan des Unternehmens, der die Ausgabe von bis zu 10.516.419 Stammaktien erlaubt.
- Performance-based compensation aligns management interests with shareholders
- Structured vesting periods encourage long-term commitment from executives and directors
- Total awards represent less than 14% of available shares under the incentive plan
- Potential dilution of shareholder value through equity issuance
- Exercise price of CAD$0.19 indicates relatively low share price
TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) (鈥�Clip Money鈥� or the 鈥淐辞尘辫补苍测鈥�), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce the issuance of the previously announced 965,000 restricted share units (the 鈥�RSUs鈥�) and 27,500 options to acquire common shares of the Company (the 鈥�Options鈥�, and together with the RSUs, the 鈥�Awards鈥�) to certain executives and employees to recognize their performance in 2024. In addition to the Awards announced on May 23, 2025, the Company is pleased to announce the grant of an additional 450,000 RSUs to certain directors of the Company, as compensation for their continuing role as directors.
All of the RSUs awarded to directors will vest 12 months after the date of the grant, and all of the RSUs awarded to executives and employees will vest over a three year period following the date of the grant, with one-third vesting every 12 months. The Options have a three-year vesting period, with an exercise price equal to CAD
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
About Clip Money Inc.
Clip operates a multi-bank self-service deposit system for businesses through the Clip Money network that gives users the capability of making deposits outside of their bank branch at top retailers and shopping malls. Rather than having to go to their personal bank branch or using a cash pickup service, businesses can deposit their cash at any ClipDrop Box or ClipATM located near them. After being deposited, the funds will automatically be credited to the business鈥� bank account, usually within one business day. The Company combines functional hardware, an intuitive mobile app and an innovative cloud-based transaction engine that maximizes business-banking transactions. Combined with mobile user applications, Clip offers a cost-effective and convenient solution for business banking deposits in metropolitan statistical areas across Canada and the United States. For more information about the Company, visit .
For further information, please contact:
Joseph Arrage
Chief Executive Officer
tel: 844-593-2547
FAQ
How many RSUs and options did Clip Money (CLPMF) grant in May 2025?
What is the vesting schedule for Clip Money's (CLPMF) 2025 RSU grants?
What is the exercise price and expiration for Clip Money's (CLPMF) 2025 option grants?
How many shares are available under Clip Money's (CLPMF) equity incentive plan?
