[Updated for grants to officers on 3/7/08 that were part of their 2007 bonuses (#msg-27509339). Other than the options just granted (which have an exercise price of 0.63), all outstanding options have exercise prices greater than 1.00.]
Executive Officers Geoffrey Cox, CEO 351K shares 991K options John Green, CFO 116K shares 414K options Harry Meade, SVP Research 157K shares 383K options Greg Liposky, SVP Oprtns 91K shares 371K options Dan Woloshen, Gen. Counsel 118K shares 287K options Dick Scotland, SVP Regltry 98K shares 267K options -- Six executive officers 931K shares 2,713K options
Non-executive directors Robert Baldridge 5K shares 75K options Kenneth Bauer 0 shares 38K options Christian Béchon 18K shares 15k options Francis Bullock 11K shares 74K options James Geraghty 88K shares 163K options Michael Landine 0 shares 38K options Pamela McNamara 9K shares 53K options Marvin Miller 8K shares 53K options Alan Tuck 14K shares 51K options Mary Ann Gray 11K shares 15K options -- Ten non-executive directrs 164K shares 575K options
All officers/directors 1,095K shares 3,288K options
Re: "New shares and options for executive officers."
Not too bad and deserved from the point of view of technological progress, although not deserved from the point of view of financing and business deals. Hopefully this will mark the beginning of a pps rise...
I lost track but as I recall these options exercisable at $0.63 are the cheapest options they have. So, I suppose going froward our interest and those of management are aligned in terms of wanting a higher pps...