Wynn Macau has granted 1,208,000 share options to four of its non-executive directors at an exercise price of $17.64 ($2.26).
In a filing with the Hong Kong Stock Exchange, Wynn said the option can be exercised a year from June 1st, the date of the grant. The award has been made under a share option scheme set up by the company in Sept. 2009.
The exercise period runs from June 1st 2018 through to May 2027.
The exercise price is equivalent to the closing price on the day of the grant. The average closing price per share for the five business days prior was $17.18.
The options were awarded to Nicholas Sallnow-Smith; Bruce Rockowitz; Jeffrey Kin-fung Lam and Allan Zeman.