Omega Flex, Inc. Phantom Stock Agreements Schedule for Executive Officers (as of December 31, 2024)
Contract Categories:
Human Resources
›
Bonus & Incentive Agreements
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 |