NYRADA INC (ASX:NYR) 54 Type of security Expiry date Exercise price ($) Balance at the start of the year Granted Exercised Expired Balance at the end of the year4 Vesting conditions Unlisted options 11/12/2032 0.19 - 100,000 - - 100,000 Service Unlisted options 11/01/2033 0.19 - 100,000 - - 100,000 Service Unlisted options 11/02/2033 0.19 - 100,000 - - 100,000 Service Unlisted options 11/03/2033 0.19 - 100,000 - - 100,000 Service Unlisted options 11/04/2033 0.19 - 100,000 - - 100,000 Service Unlisted options 11/05/2033 0.19 - 100,000 - - 100,000 Service Unlisted options 11/06/2033 0.19 - 100,000 - - 100,000 Service Unlisted options 11/06/2031 0.19 - 781,250 - - 781,250 Service Unlisted options 11/06/2032 0.19 - 781,250 - - 781,250 Service Unlisted options 11/07/2032 0.19 - 78,125 - - 78,125 Service Unlisted options 11/08/2032 0.19 - 78,125 - - 78,125 Service Unlisted options 11/09/2032 0.19 - 78,125 - - 78,125 Service Unlisted options 11/10/2032 0.19 - 78,125 - - 78,125 Service Unlisted options 11/11/2032 0.19 - 78,125 - - 78,125 Service Unlisted options 11/12/2032 0.19 - 78,125 - - 78,125 Service Unlisted options 11/01/2033 0.19 - 78,125 - - 78,125 Service Unlisted options 11/02/2033 0.19 - 78,125 - - 78,125 Service Unlisted options 11/03/2033 0.19 - 78,125 - - 78,125 Service Unlisted options 11/04/2033 0.19 - 78,125 - - 78,125 Service Unlisted options 11/05/2033 0.19 - 78,125 - - 78,125 Service Unlisted options 11/06/2033 0.19 - 78,125 - - 78,125 Service 61,900,000 8,200,000 - (26,200,000) 43,900,000 1 Performance shares convert when specified milestones are achieved, these milestones are outlined in note 9 of the financial statements. 2 The exercise price is higher of ● 100% of the Fair Market Value (as defined in the Company's Stock Incentive Plan) of the Shares on the date that Option is granted; and ● an amount equal to 110% of the volume weighted average price of the CDIs for the period of 10 trading days immediately prior to the date on which that Option vests. ● an exercise price of $0.22 was used for the purpose of the fair value calculation at grant date. 3 The exercise price is higher of ● 100% of the Fair Market Value (as defined in the Company's Stock Incentive Plan) of the Shares on the date that Option is granted; and ● an amount equal to 120% of the volume-weighted average price of the CDIs for the period of 10 trading days immediately prior to the date on which the Option vests. ● an exercise price of $0.24 was used for the purpose of the fair value calculation at grant date. 4 Options vested and exercisable at the end of the period was 38,200,000 (2024: 31,200,000)
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