The Board of Golar LNG Energy Limited has approved the grant of 1,993,333 share options to Directors and employees of the Company, its subsidiaries and its management company under the terms of the Company’s existing share option scheme.
The options have a strike price set at $1.54 (NOK 9.50) per share. The strike price will be adjusted for dividends.
The options will have a five year term and will vest equally one quarter each year over a four year vesting period with the first quarter vesting on September 9, 2011.
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Source: Golar LNG Energy, September 10, 2010