Restricted Share Units

9 Months Ended

Mar. 31, 2022

Share-Based Payment Arrangement [Abstract]

Restricted Share Units

10. Restricted Share Units

The Company has established a restricted share unit (RSU) incentive plan for executives, directors, and certain employees. Awards generally vest over a four-year period at a rate of 25% per annum commencing on the first anniversary of the grant date.

No stock-based compensation has been recorded in relation to the 2021 Equity Incentive Stock Plan for the nine months ended March 31, 2022 and nine months ended March 31, 2021.