Navidea Biopharmaceuticals Inc (NAVB)

[DDbuyer]

Back to business: 8K Filing...

RE: the incentive stock plan

"The maximum number of shares of the Company’s common stock, $.001 par value, which can be issued pursuant to the Plan is 7,000,000 shares. No participant may receive awards covering more than 500,000 shares under the Plan in any performance period. Additionally, in no event may an award be granted pursuant to the Plan on or after March 7, 2012."

The plan already had 5,000,000 so it's an increase of 2,000,000 shares over basically the next four years... or some 500,000 per year on average.

Bupp's been getting (taking?) 200,000 per year for the last couple years. The rest of the crew has been splitting another 150,000 or so between them.

Someone asked about the Director's stock compensation, but that's paid out of the treasury, not the performance plan.

DDbuyer