ANGN » Topics » Grants and Exercises of Stock Options

This excerpt taken from the ANGN DEF 14A filed Jun 16, 2005.

Grants and Exercises of Stock Options


On October 25, 2002, the effective date of the Plan of Reorganization, the Company was deemed to have adopted the Angeion Corporation 2002 Stock Option Plan (“2002 Stock Option Plan”).  The 2002 Stock Option Plan authorizes issuance of up to 600,000 shares of common stock.  There were 81,000 and 28,000 options to purchase the Company’s stock granted to employees and directors or in one case the director’s employer, respectively, during the year ended October 31, 2004.  The following table provides information concerning grants of options to purchase the Company’s common stock made during the year ended October 31, 2004 to the Named Executive Officers and to Mr. Rodney A. Young, who became Executive Vice President in July 2004 and President and CEO effective November 1, 2004.




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