Omega Flex, Inc. Phantom Stock Agreements Schedule for Executive Officers (as of December 31, 2024)

Summary

This document lists phantom stock agreements granted by Omega Flex, Inc. to its executive officers, including Edwin B. Moran, Dean W. Rivest, Matthew F. Unger, and Susan B. Asch. It details the number of phantom stock units awarded, grant dates, grant prices, maturity dates, and vesting schedules. Each grant vests over three years and matures four years after the grant date. The agreements provide executives with the right to receive cash or stock equivalent to the value of the phantom shares upon maturity, subject to the vesting schedule.

EX-10.12 2 ex10-12.htm

 

EXHIBIT 10.12

 

OMEGA FLEX, INC.

Phantom Stock Agreements

Schedule of Executive Officers

As of December 31, 2024

 

Director/Officer  Type  Number   Grant Date  Grant Price   Maturity Date  Vesting Schedule
                     
Edwin B. Moran  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
   Full   1,042   03/20/2024  $72.00   03/20/2028  3 years
                       
Dean W. Rivest  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
   Full   1,250   03/20/2024  $72.00   03/20/2028  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
   Full   833   03/20/2024  $72.00   03/20/2028  3 years
                       
Susan B. Asch  Full   417   03/20/2024  $72.00   03/20/2028  3 years