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Commercialization of protein-based vaccines & biopharmaceuticals

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Message: Medicago grants 62-cent option to Sheldon
Tuesday April 01 2008 - Options Proposed

Mr. Andy Sheldon reports

MEDICAGO ANNOUNCES STOCK OPTIONS GRANT TO CHIEF EXECUTIVE OFFICER

Medicago Inc. has granted 83,850 stock options to Andy Sheldon, president and chief executive officer, pursuant to the terms of his employment agreement and conditions of the company's stock option plan. These stock options were issued at an exercise price of 62 cents and expire in five years.

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