TITN » Topics » Option Exercises and Stock Vested

This excerpt taken from the TITN DEF 14A filed May 11, 2009.

Option Exercises and Stock Vested

        There were no option exercises by our named executive officers during fiscal 2009. Pursuant to a grant of 100 shares of restricted stock to all of our employees in fiscal 2008, each of our named executive officers received a grant of 100 shares of restricted stock, on the same terms and subject to the same conditions as we granted to all other employees. None of such shares vested during fiscal 2009.

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This excerpt taken from the TITN DEF 14A filed Apr 28, 2008.

Option Exercises and Stock Vested

        There were no option exercises by our named executive officers during fiscal 2008. Pursuant to a grant of 100 shares of restricted stock to all of our employees, each of our named executive officers

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received a grant of 100 shares of restricted stock, on the same terms and subject to the same conditions as we granted to all other employees. None of such shares vested during fiscal 2008.

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