Lexaria Bioscience Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Stock Options (Tables)

v3.22.2.2

Stock Options (Tables)

12 Months Ended

Aug. 31, 2022

Stock Options

Summary of continuity schedule of stock options

	Options			Weighted Average Exercise Price $		Weighted Average Remaining Contractual Term (Years)		Aggregate Intrinsic Value $
Balance August 31, 2020		171,604			11.17
Expired/Cancelled		(50,344	)		10.76
Granted		161,600			5.41
Balance August 31, 2021		206,170			8.90
Expired/Cancelled		(3,334	)		9.60
Granted		222,000			4.21
Balance August 31, 2022 (Outstanding)		424,836			6.45		3.69		5,175
Balance August 31, 2022 (Exercisable)		401,333			6.57		3.66		5,175

Schedule of stock options activity

	Quantity		Exercise Price $	Life (Years)
	81,800		6.23	5
	36,700		3.39	5
	103,500		2.91	5
August 31, 2022	222,000	Average	4.21	5

	Quantity		Exercise Price $	Life (Years)
	3,400		4.80	5
	12,000		5.04	5
	43,500		5.31	5
	26,000		5.83
August 31, 2021	84,900	Average	5.41	5

Schedule of fair value of options granted

	August 31 2022			August 31 2021
Expected volatility	98% –119		%	133% –134		%
Risk-free interest rate	0.78% - 3.30		%	0.42% – 0.85		%
Expected life	5 years			5 years
Dividend yield		0			0
Estimated fair value per option	$2.25 - $5.10			$4.00 – $4.86

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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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