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AMS » Topics » Summary Compensation Information

This excerpt taken from the AMS DEF 14A filed Apr 30, 2007.
Summary Compensation Information
 
The following table provides certain summary information concerning the compensation earned for services rendered in all capacities to the Company and its subsidiaries for the year ended December 31, 2006 by the Company’s Chief Executive Officer and Chief Financial Officer. No other executive officers who would have otherwise been includable in such table on the basis of total compensation for the 2006 Fiscal Year have been excluded by reason of their termination of employment or change in executive status during that year. The listed individuals shall be hereinafter referred to as the “named executive officers.”
 
                                                 
                            All
 		       
                      Option
 		    Other
 		       
          Salary
 		    Bonus
 		    Awards
 		    Compensation
 		    Total
 		 
Name and Principal Position
 		  Year
 		    ($)(1)
 		    ($)(1)
 		    ($)(2)
 		    ($)
 		    ($)
 		 
(a)
  (b)     (c)     (d)     (e)     (f)     (g)  
 
Ernest A. Bates, M.D. 
    2006       455,833       165,000       0       32,469(3 )     653,302  
Chairman of the Board and
Chief Executive Officer
                                               
Craig K. Tagawa,
    2006       259,808       100,000       4,379       16,768(4 )     376,576  
Chief Operating Officer and
Chief Financial Officer
                                               
 
 
(1) Includes amounts deferred under the Company’s Retirement Plan for Employees of American Shared Hospital Services, a qualified deferred compensation plan under section 401(k) of the Internal Revenue Code.
 
(2) The amounts in column (e) reflect the dollar amount recognized for financial statement reporting purposes for the fiscal year ended December 31, 2006, in accordance with FAS 123(R) of stock options granted to each named executive officer and thus include amounts from awards granted in and prior to the 2006 year. Assumptions used in the calculation of this amount are included in footnote 8 to the Company’s audited


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financial statements for the fiscal year ended December 31, 2006 included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 2, 2007.
 
(3) Represents matching contributions under the Company’s 401K plan, an automobile and parking allowance, income attributable to life insurance coverage paid by us, and premiums paid by the Company for long term disability coverage.
 
(4) Represents matching contributions under the Company’s 401K plan, an automobile allowance and premiums paid by the Company for long term disability coverage.
 
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