Company: LGCY
Filing Date: 2025-09-25
Form Type: 10-K
Source: 0001493152-25-014945
Chunk: 832

Company: Legacy Education Inc.
Filing Date: 2025-09-25
Form: 10-K
Item: Item 5
Chunk 832
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 the activity related to stock option units granted is as follows:

Summary of Stock Option
Units Granted

    Summary of Stock Options Outstanding 

    Total Options  
    Weighted Average Exercise Price per Option  
    Weighted Average Remaining Contractual Term (Years) 
  
    Outstanding as of June 30, 2023 
     400,000  
     1.54  
     4.14 
  
    Granted 
     1,425,171  
     3.74  
     10 
  
    Exercised 
     -  
     -  
     - 
  
    Forfeited, canceled, or expired 
     -  
     -  
     - 
  
    Outstanding as of June 30, 2024 
     1,825,171  
     3.26  
     8.30 
  
    Exercisable as of June 30, 2024 
     1,387,534  
     3.11  
     7.84 
  
    Granted 
     729,648  
     6.14  
     10 
  
    Exercised 
     (165,602) 
     2.26  
     - 
  
    Forfeited, canceled, or expired 
     -  
     -  
     - 
  
    Outstanding as of June 30, 2025 
     2,389,217  
     4.21  
     8.20 
  
    Exercisable as of June 30, 2025 
     1,506,764  
     3.42  
     7.51 

A
summary of the activity related to vested and unvested stock option units granted is as follows:

Summary
of Vested and Unvested Stock Options Units Granted

    Options Outstanding  
    Weighted Average Exercise Price  
    Weighted Average Grant Date Fair Value  
    Average Remaining Contractual Life (Years) 
  
    Balance – June 30, 2023, unvested 
     -  
    $-  
    $-  
     - 
  
    Options issued 
     1,425,171  
     3.74  
     1.84  
     10.00