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Wednesday, August 13, 2014 11:09:59 AM
The most interesting nugget that I can share is this (Hargrove now has a base salary again):
Mr. Hargrove was appointed CEO and Chairman on April 5, 2013. As part of his compensation he receives a combination of cash and stock option grants. Effective November 1, 2013 Mr. Hargrove is compensated by way of stock option grants only. Effective April 1, 2014 his compensation reverted to a base salary. Stock options may be awarded, on an annual basis, as part of long term incentives that may be available to all officers.
** Note the reason that I think we are being shopped is I think they will need the skill / support of getting these robots out to the hospitals ASAP after appropriate approvals. What better way than to get acquired by a deep-pocketed player who has the scale to do so.
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