Summary by Futu AI
Shopify Inc. has filed a report with the United States Securities and Exchange Commission (SEC) for the month of June 2024, detailing the implementation of its Third Amended and Restated Stock Option Plan and Long Term Incentive Plan. The report, submitted on June 5, 2024, by Corporate Secretary Michael L. Johnson, includes amendments to the company's stock option and incentive plans, which are incorporated by reference into Shopify's Registration Statement on Form S-8. These amendments are part of Shopify's ongoing efforts to provide performance incentives to its directors, officers, employees, and consultants, aligning their interests with those of the company and its shareholders. The plans are designed to promote continued and improved services within the corporation and its affiliates. The filing indicates that the plans have been amended as of June 4, 2024, and are effective as of May 27, 2015. The detailed stock option plan outlines the terms and conditions under which options may be granted, exercised, and managed, including provisions for vesting, exercise price, and expiry.