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Osisko Development Announces Annual Grant of Incentive Awards
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) has granted 1,104,400 stock options and 1,426,600 restricted share units to senior officers and non-executive employees as part of its annual compensation review. The options are exercisable at C$4.51 and vest in three equal installments over three years, expiring on April 1, 2031, while the RSUs cliff vest on April 1, 2029, and are subject to time and performance conditions. These incentive awards are issued under the company’s omnibus equity incentive plan.