Summary of Restricted Stock Bonus Grants to Executive Officers and CEO under Openwave Systems Inc 2001 Stock Compensation Plan (January 2004)
Openwave Systems Inc granted restricted stock bonuses to several executive officers and its CEO in January 2004 under its 2001 Stock Compensation Plan. The recipients include David Hose, Joshua Pace, Steve Peters, Jon Shantz, Allen E. Snyder, and Donald J. Listwin. Each grant specifies a number of restricted shares that vest monthly over a 36-month period, starting in February 2004. The grants were made using previously filed forms of Restricted Stock Bonus agreements.
Exhibit 10.1
Summary of Restricted Stock Bonus Grants Made to Executive Officers in January 2004 Under The Openwave Systems Inc 2001 Stock Compensation Plan
The following grants were made using the form of Restricted Stock Bonus agreement filed as Exhibit 10.20 to the Company’s Annual Report on Form 10-K filed on September 30, 2002.
| Participant | Grant Date | Restricted Shares | Vesting Schedule | |||
| Hose, David | 1/12/2004 | 16,666 | 1/36 of the shares monthly beginning on 02/27/04 | |||
| Pace, Joshua | 1/12/2004 | 4,166 | 1/36 of the shares monthly beginning on 02/27/04 | |||
| Peters, Steve | 1/12/2004 | 8,333 | 1/36 of the shares monthly beginning on 02/27/04 | |||
| Shantz, Jon | 1/12/2004 | 8,333 | 1/36 of the shares monthly beginning on 02/27/04 | |||
| Snyder, Allen E. | 1/12/2004 | 16,666 | 1/36 of the shares monthly beginning on 02/27/04 | |||
| Summary of Restricted Stock Bonus Grant Made to Chief Executive Officer in January 2004 Under The Openwave Systems Inc 2001 Stock Compensation Plan | ||||||
| The following grant was made using the form of Restricted Stock Bonus agreement filed as Exhibit 10.43 to the Company’s Quarterly Report on Form 10-Q filed on February 14, 2003. | ||||||
| Participant | Grant Date | Restricted Shares | Vesting Schedule | |||
| Listwin, Donald J. | 1/28/2004 | 20,833 | 1/36 of the shares monthly beginning on 02/28/04 | |||
