ABNS » Topics » Director Compensation(1)

This excerpt taken from the ABNS DEF 14A filed Apr 21, 2008.
Director Compensation(1)
 
                         
    Fees Earned
             
    or Paid
    Option
       
    in Cash
    Awards
    Total
 
Name
  ($)     ($)(2)     ($)  
 
Michael L. Abrams
  $ 41,900     $ 7,700     $ 49,600  
Robert H. Bothner
    60,400       6,400       66,800  
Blair A. Contratto
    34,400       7,400       41,800  
Willie D. Davis
    33,900       7,700       41,600  
D. Gregory Scott
    57,500       7,700       65,200  
Andrew A. Talley
    38,600       12,500       51,100  
Robert H. Thompson
    51,000       7,700       58,700  
 
 
(1) Directors who are also employees (Lyn S. Caron, Daniel T. Jackson and Curtis S. Reis) receive no separate compensation for services as director.


8


Table of Contents

 
(2) The amounts shown are the amounts of compensation expense recognized by us relating to the vesting of options, as described in Financial Accounting Standards No. 123R. Non-employee directors held options to purchase the following numbers of shares of Common Stock as of December 31, 2007:
 
         
    Number of
 
    Shares
 
    Underlying
 
Director
  Options  
 
Michael L Abrams
    18,000  
Robert H. Bothner
    8,000  
Blair A. Contratto
    7,000  
Willie D. Davis
    18,000  
D. Gregory Scott
    8,000  
Andrew A. Talley
    13,000  
Robert H. Thompson
    8,000  
 
Alliance Bancshares does not pay cash fees to its directors but from time to time grants options to its non-employee directors under its stock plans. In 2007, options to purchase an aggregate of 14,000 shares of the our Common Stock were granted to non-employee directors.
 
Alliance Bank compensates its non-employee directors. Through June 2007, Alliance Bank paid non-employee directors an annual retainer of $12,000, a fee of $1,000 for each Board of Directors meeting attended and a fee of $500 for each Board committee meeting attended ($1,000 for the Chairman of the Audit Committee for each Audit Committee meeting attended). Effective on July 1, 2007, Alliance Bank increased the fees payable to its non-employee directors to an annual retainer of $17,000, a fee of $1,500 for each Board of Directors meeting attended and a fee of $750 for each Board committee meeting attended ($1,500 for the Chairman of the Audit Committee for each Audit Committee meeting attended).
 
This excerpt taken from the ABNS DEF 14A filed Apr 26, 2007.
Director Compensation(1)
 
                         
    Fees Earned
             
    or Paid in
    Option
       
Name
  Cash ($)     Awards ($)(2)     Total ($)  
 
Michael L. Abrams
  $ 28,000     $ 6,100     $ 34,100  
Robert H. Bothner
    41,800       4,800       46,600  
Blair A. Contratto
    11,000             11,000  
Willie D. Davis
    25,500       6,100       31,600  
D. Gregory Scott
    41,000       6,100       47,100  
Andrew A. Talley
    29,000       10,800       39,800  
Robert H. Thompson
    32,800       6,100       38,900  
 
 
(1) Directors who are also employees (Lyn S. Caron, Daniel T. Jackson and Curtis S. Reis) receive no separate compensation for services as director. See “Executive Compensation” for information concerning compensation paid to these employees.
 
(2) The amounts shown are the amounts of compensation expense recognized by us in 2006 relating to the vesting of stock options, as described in Financial Accounting Standards No. 123R. Non-employee directors hold options to purchase the following numbers of shares of Common Stock as of December 31, 2006.
 
         
    Number of Shares
 
Director
  Underlying Options  
 
Michael L Abrams
    16,000  
Robert H. Bothner
    11,000  
Blair Contratto
    5,000  
Willie D. Davis
    16,000  
D. Gregory Scott
    6,000  
Andrew A. Talley
    11,000  
Robert H. Thompson
    6,000  
 
Alliance Bancshares does not pay cash fees to its directors but from time to time grants options to its non-employee directors under its stock plans. In 2006, options to purchase an aggregate of 11,000 shares of the Company’s common stock were granted to non-employee directors.
 
Alliance Bank compensates its non-employee directors. In 2006 Alliance Bank paid non-employee directors an annual retainer of $12,000, a fee of $1,000 for each Board of Directors meeting attended and a fee of $500 for each Board committee meeting attended ($1,000 for the Chairman of the Audit Committee for each Audit Committee meeting attended). Effective on July 1, 2007, Alliance Bank will increase the fees payable to its non-employee directors to an annual retainer of $15,000, a fee of $1,500 for each Board of Directors meeting attended and a fee of $750 for each Board committee meeting attended ($1,500 for the Chairman of the Audit Committee for each Audit Committee meeting attended).
 
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