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Monday, January 02, 2012 3:46:42 PM
On November 2, 2011, the Compensation Committee of the Board of Directors of Hilltop Holdings Inc., or the Company, awarded Jeremy B. Ford, the Company’s President and Chief Executive Officer, and Corey G. Prestidge, the Company’s General Counsel and Secretary, stock options to purchase 500,000 shares and 100,000 shares, respectively, of Company common stock. These stock options have an exercise price of $7.70 per share, vest in five equal installments on each of November 2, 2011, 2012, 2013, 2014 and 2015 and expire on November 2, 2016. The description of these stock options is qualified by reference to the Form of 2003 Equity Incentive Plan Non-Qualified Stock Option Agreement, a copy of which is filed as Exhibit 10.2.3 to the Company’s Annual Report on Form 10-K for the year ended December 31, 2010.
http://sec.gov/Archives/edgar/data/1265131/000110465911062190/a11-29449_18k.htm
[HTH closed at $7.72 on 11/02/11]
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