AKS » Topics » Stock Options

This excerpt taken from the AKS DEF 14A filed Apr 17, 2006.

Stock Options

 

Pursuant to its SIP, the Company grants to its key employees, including its executive officers, options to purchase shares of its common stock. All options granted to employees under the SIP vest in three equal annual installments, on the first, second and third anniversary of the grant date. Each option must be exercised within a ten-year period of its grant date. The plan does not provide for, and the Company does not grant, stock appreciation rights.

 

The following table sets forth information with respect to stock options granted to the Named Executives in 2005:

 

This excerpt taken from the AKS DEF 14A filed Apr 22, 2005.

Stock Options

 

Pursuant to its Stock Incentive Plan, the Company grants to its key employees, including its executive officers, options to purchase shares of its common stock. All options granted under the SIP vest in three equal annual installments, on the first, second and third anniversary of the grant date. The plan does not provide for, and the Company does not grant, stock appreciation rights.

 

The following table sets forth information with respect to stock options granted to the Named Executives in 2004.

 

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