AYR » Topics » Stock Option Grants and Grants of Restricted Common Shares

These excerpts taken from the AYR 10-K filed Mar 2, 2009.
Stock Option Grants and Grants of Restricted Common Shares
 
From time to time, we have issued restricted common shares to our employees under our 2005 Equity and Incentive Compensation Plan. A portion of the grants of restricted common shares set forth below was exempt from registration under Section 701 of the Securities Act because they were made under written compensatory plans or agreements and the remainder were exempt under Section 4(2) of the Securities Act.
 
  •   In February 2006, we issued to certain of our employees an aggregate of 780,000 restricted common shares and restricted share units, scheduled to vest over a four to five year period from the grant date.
 
  •   In March 2006, we issued to an employee 5,000 restricted common shares, scheduled to vest over a five year period from the grant date.
 
  •   In April 2006, we issued to certain of our employees an aggregate of 77,000 restricted common shares, which immediately vested for an aggregate purchase price of $770,000.
 
Stock
Option Grants and Grants of Restricted Common Shares



 



From time to time, we have issued restricted common shares to
our employees under our 2005 Equity and Incentive Compensation
Plan. A portion of the grants of restricted common shares set
forth below was exempt from registration under Section 701
of the Securities Act because they were made under written
compensatory plans or agreements and the remainder were exempt
under Section 4(2) of the Securities Act.


 




































  •  

In February 2006, we issued to certain of our employees an
aggregate of 780,000 restricted common shares and restricted
share units, scheduled to vest over a four to five year period
from the grant date.
 
  •  

In March 2006, we issued to an employee 5,000 restricted common
shares, scheduled to vest over a five year period from the grant
date.
 
  •  

In April 2006, we issued to certain of our employees an
aggregate of 77,000 restricted common shares, which immediately
vested for an aggregate purchase price of $770,000.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 2, 2009
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki