Flex LNG – Mandatory notification of trade by primary insiders
Øystein M Kalleklev, CEO of Flex LNG Management AS, has today exercised 60,000 stock options vested in the period September 7, 2018 to September 7, 2021. The original strike price was $14.3 per share, but have been adjusted to $12.9 (the “Adjusted Strike Price”) due to $1.4 dividend paid per share since the options were granted. The stock options have been cash settled with the difference of the Adjusted Strike Price and the closing price at NYSE on November 17, 2021 of $22.78. Following the exercising of these stock options, Mr. Kalleklev holds 50,000 shares in Flex LNG Ltd. as well as