Omega Flex, Inc. Phantom Stock Agreements Schedule for Executive Officers (as of December 31, 2023)
Contract Categories:
Human Resources
›
Bonus & Incentive Agreements
Summary
This document lists phantom stock agreements granted by Omega Flex, Inc. to its executive officers, Edwin B. Moran, Dean W. Rivest, and Matthew F. Unger. It details the number of phantom stock units awarded, grant dates, grant prices, maturity dates, and vesting schedules. Each grant vests over three years, with maturity dates ranging from 2024 to 2027. The agreements provide executives with the right to receive cash or stock equivalent to the value of the phantom shares upon vesting and maturity, subject to the terms specified.
EX-10.18 3 ex10-18.htm
EXHIBIT 10.18
OMEGA FLEX, INC.
Phantom Stock Agreements
Schedule of Executive Officers
As of December 31, 2023
Director/Officer | Type | Number | Grant Date | Grant Price | Maturity Date | Vesting Schedule | ||||||||||||
Edwin B. Moran | Full | 750 | 02/28/2020 | $ | 78.30 | 02/28/2024 | 3 years | |||||||||||
Full | 402 | 02/18/2021 | $ | 149.92 | 02/18/2025 | 3 years | ||||||||||||
Full | 494 | 02/22/2022 | $ | 151.90 | 02/22/2026 | 3 years | ||||||||||||
Full | 667 | 03/08/2023 | $ | 112.39 | 03/08/2027 | 3 years | ||||||||||||
Dean W. Rivest | Full | 750 | 02/28/2020 | $ | 78.30 | 02/28/2024 | 3 years | |||||||||||
Full | 603 | 02/18/2021 | $ | 149.92 | 02/18/2025 | 3 years | ||||||||||||
Full | 593 | 02/22/2022 | $ | 151.90 | 02/22/2026 | 3 years | ||||||||||||
Full | 801 | 03/08/2023 | $ | 112.39 | 03/08/2027 | 3 years | ||||||||||||
Matthew F. Unger | Full | 395 | 02/22/2022 | $ | 151.90 | 02/22/2026 | 3 years | |||||||||||
Full | 534 | 03/08/2023 | $ | 112.39 | 03/08/2027 | 3 years |