Jun. 4 at 9:18 PM
$TPST Both new Directors were granted 25,000 options. Initial Form 3/4 filings will be made within 2 business days to disclose those transactions.
Amended base compensation for independent Directors: a base retainer of
$20,000 for service on the Board, an additional
$17,500 for service as non-executive Chair of the Board, committee chair retainers of
$10,000 for the Audit Committee,
$7,500 for the Compensation Committee,
$5,000 for the Nominating and Corporate Governance Committee and
$6,000 for the Science and Technology Committee, and committee member retainers of
$5,000 for the Audit Committee,
$3,750 for the Compensation Committee,
$2,500 for the Nominating and Corporate Governance Committee and
$3,000 for the Science and Technology Committee.