Dollar Tree, Inc. Announces the Grant of Option Award to Executive Chair Richard W. Dreiling
The Dollar Tree share price increased ~45.4% over the four-month period since Bloomberg published the rumors of Mantle Ridges investment in Dollar Tree.
- The Dollar Tree share price increased ~45.4% over the four-month period since Bloomberg published the rumors of Mantle Ridges investment in Dollar Tree.
- The per-share closing Dollar Tree trading price was $108.07 on November 4, 2021 and was $157.17 on March 18, 2022, the last trading day preceding the option grant date.
- Economically, this makes the Option Award very similar to an option with an exercise price significantly above the current share price, a premium priced option.
- The option is scheduled to vest in equal installments on each of the first five anniversaries of the grant date.