Graphite One Announces Long-Term Incentive Awards for 2025
On August 22, 2025, Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) announced that its board of directors approved a significant grant of long-term incentive awards for its employees, officers, directors, and consultants. The awards include a total of 410,000 stock options, 3,024,730 restricted share units (RSUs), and 2,441,716 performance share units (PSUs) as part of the company’s Omnibus Plan. The stock options have an exercise price fixed at $0.81 per share, reflecting the closing value of the company's shares on the TSX Venture Exchange on the date of the announcement.
The vesting schedule for these options is structured as follows: one-third will vest after one year from the grant date, with additional one-third vesting on April 14, 2027 and April 14, 2028, before ultimately expiring on April 14, 2030. This structured approach is designed to align employee incentives with the long-term performance expectations of Graphite One.
For the RSUs and PSUs, each share unit will convert into a common share of the company upon vesting. The RSUs granted to management will similarly vest in a staggered manner, with one-third vesting on the first anniversary of the grant, and the remaining portions vesting on the aforementioned dates. In addition, half of the 583,014 RSUs allocated to the directors will vest on the first anniversary of the grant, and the rest will be effective from September 30, 2026. The PSUs has somewhat different criteria, set to vest on April 13, 2028, contingent upon the achievement of specific corporate performance goals.
As a result of this grant, the total issued and outstanding common shares of Graphite One will amount to 161,547,753, with other outstanding equity awards including 12,185,738 options, 8,059,260 RSUs, and 5,642,152 PSUs issued under the same Omnibus Plan. This move not only reflects Graphite One's commitment to rewarding its workforce but also its strategy to develop a robust, domestic supply chain for graphite, which is critically needed given the current 100 percent import dependency of the United States on natural and synthetic graphite.
The company is actively working on developing an advanced graphite supply chain centered around the Graphite Creek deposit, which has been identified by the US Geological Survey as the largest graphite deposit in the country and among the largest globally. The long-term vision for the Graphite One Project includes establishing a manufacturing facility in Warren, Ohio, for producing synthetic graphite materials along with a recycling operation to reclaim graphite and other battery materials integrated into the same site. This approach aims to promote a non-linear circular economy strategy that enhances sustainability in the graphite supply chain.
Graphite One’s overarching goal is to integrate these operations effectively and establish itself as a key producer of high-grade anode materials tailored for the lithium-ion electric vehicle battery market as well as other energy storage sectors. With the current global push towards clean energy and electric vehicles, the significance of domestic graphite production cannot be understated. As the company moves forward with its plans, it also emphasizes transparency and accountability, encouraging investors to consult its ongoing disclosures available via SEDAR+ for continuous updates and transparency through proper channels. Finally, stakeholders are reminded that forward-looking statements made during this announcement reflect expectations based on current circumstances but are not definitive guarantees of future results.
For more information on Graphite One Inc. and its ambitious plans, interested parties are encouraged to visit their official website at www.GraphiteOneInc.com.
The vesting schedule for these options is structured as follows: one-third will vest after one year from the grant date, with additional one-third vesting on April 14, 2027 and April 14, 2028, before ultimately expiring on April 14, 2030. This structured approach is designed to align employee incentives with the long-term performance expectations of Graphite One.
For the RSUs and PSUs, each share unit will convert into a common share of the company upon vesting. The RSUs granted to management will similarly vest in a staggered manner, with one-third vesting on the first anniversary of the grant, and the remaining portions vesting on the aforementioned dates. In addition, half of the 583,014 RSUs allocated to the directors will vest on the first anniversary of the grant, and the rest will be effective from September 30, 2026. The PSUs has somewhat different criteria, set to vest on April 13, 2028, contingent upon the achievement of specific corporate performance goals.
As a result of this grant, the total issued and outstanding common shares of Graphite One will amount to 161,547,753, with other outstanding equity awards including 12,185,738 options, 8,059,260 RSUs, and 5,642,152 PSUs issued under the same Omnibus Plan. This move not only reflects Graphite One's commitment to rewarding its workforce but also its strategy to develop a robust, domestic supply chain for graphite, which is critically needed given the current 100 percent import dependency of the United States on natural and synthetic graphite.
The company is actively working on developing an advanced graphite supply chain centered around the Graphite Creek deposit, which has been identified by the US Geological Survey as the largest graphite deposit in the country and among the largest globally. The long-term vision for the Graphite One Project includes establishing a manufacturing facility in Warren, Ohio, for producing synthetic graphite materials along with a recycling operation to reclaim graphite and other battery materials integrated into the same site. This approach aims to promote a non-linear circular economy strategy that enhances sustainability in the graphite supply chain.
Graphite One’s overarching goal is to integrate these operations effectively and establish itself as a key producer of high-grade anode materials tailored for the lithium-ion electric vehicle battery market as well as other energy storage sectors. With the current global push towards clean energy and electric vehicles, the significance of domestic graphite production cannot be understated. As the company moves forward with its plans, it also emphasizes transparency and accountability, encouraging investors to consult its ongoing disclosures available via SEDAR+ for continuous updates and transparency through proper channels. Finally, stakeholders are reminded that forward-looking statements made during this announcement reflect expectations based on current circumstances but are not definitive guarantees of future results.
For more information on Graphite One Inc. and its ambitious plans, interested parties are encouraged to visit their official website at www.GraphiteOneInc.com.
Topics Business Technology）
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