ANLY » Topics » Stock Options

This excerpt taken from the ANLY DEF 14A filed Apr 17, 2009.

Stock Options

Mr. Woods' employment agreement provided that upon commencement of employment, Mr. Woods would be granted 250,000 options to purchase shares of the Company's common stock. On January 16, 2008 the Company granted Mr. Woods those options at an exercise price of $1.29 per share. Twenty-five percent (62,500) of the options vested immediately, and the remainder vests in equal increments of 62,500 on the anniversary date of the option grant in each of the three subsequent years. The options have a ten-year term and expire in 2018. The options remain exercisable for three months after termination of employment. Any unvested portion of the options vests immediately upon a change in control of the Company.

This excerpt taken from the ANLY DEF 14A filed Apr 9, 2008.

Stock Options

Mr. Baldwin's employment agreement provided that upon commencement of employment, Mr. Baldwin would be granted 500,000 options to purchase shares of the Company's common stock. On November 1, 2007 the Company granted Mr. Baldwin those options at an exercise price of $1.65 per share. Twenty-five percent (125,000) of the options vested immediately, and the remainder vests in equal increments of 125,000 on the anniversary date of the option grant in each of the three subsequent years. The options have a ten-year term and expire in 2017. The options remain exercisable for three months after termination of employment. Acceleration of the unvested portion of the options can occur if a change in control of the Company occurs on or after May 1, 2009.

This excerpt taken from the ANLY 8-K filed Apr 13, 2005.
Stock Options.  At the Effective Time, each outstanding option to purchase shares of Analysts Common Stock granted under any employee stock option or compensation plan of, or other arrangement with, Analysts shall be assumed by Horizons in accordance with Section 6.08.

 

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