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GPS » Topics » Automatic Grants of Stock Options to Non-Employee Directors

This excerpt taken from the GPS 10-K filed Mar 28, 2005.

Automatic Grants of Stock Options to Non-Employee Directors

 

On January 25, 2005, the Board of Directors, pursuant to the authority set forth in Section 9.1.3 of the Company’s 1996 Stock Option and Award Plan changed the annual automatic stock option grant made to Non-employee Directors pursuant to Section 9.1.2 from an option to purchase 3,750 shares to an option to purchase 7,500 shares.

This excerpt taken from the GPS 8-K filed Jan 27, 2005.

Automatic Grants of Stock Options to Non-Employee Directors

 

On January 25, 2005, the Board of Directors, pursuant to the authority set forth in Section 9.1.3 of the Company’s 1996 Stock Option and Award Plan changed the annual automatic stock option grant made to Non-employee Directors pursuant to Section 9.1.2 from an option to purchase 3,750 shares to an option to purchase 7,500 shares.

 

EXCERPTS ON THIS PAGE:

10-K
Mar 28, 2005
8-K
Jan 27, 2005

RELATED TOPICS for GPS:

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