The leading Polish alternative fixed-line telco Netia has granted stock options for 2014 to its management board members.
According to the company, Miroslaw Godlewski, president of the management board, has been granted 123,600 stock options, and Jonathan Eastick, Tom Ruhan, Miroslaw Suszek and Tomasz Szopa 278,098 stock options each.
The strike price for the options is PLN5 (€1.2) each and earliest vesting date April 10, 2017, with final exercise date May 26, 2020.
The stock options may be cancelled in whole or part depending on Netia’s performance against business criteria for this year.
Netia ended 2013 with 120,300 subscribers to its TV services.