Omega Flex, Inc. Phantom Stock Agreements Schedule for Directors and Officers (as of December 31, 2022)

Summary

This document lists phantom stock awards granted by Omega Flex, Inc. to its directors and officers as of December 31, 2022. It details the recipients, number of phantom shares, grant dates, grant prices, maturity dates, and vesting schedules. The awards typically vest over three years and mature on specified dates, providing recipients with cash payments based on the value of company stock at maturity. The agreement outlines key terms for each grant but does not transfer actual stock ownership.

EX-10.18 3 ex10-18.htm

 

EXHIBIT 10.18

 

OMEGA FLEX, INC.

Phantom Stock Agreements

Schedule of Directors and Officers

As of December 31, 2022

 

Director/Officer  Type  Number   Grant Date  Grant Price   Maturity Date  Vesting Schedule
                     
Geraldine Glazer  Full   201   02/18/2021  $149.92   02/18/2025  3 years
   Full   198   02/22/2022  $151.90   02/22/2026  3 years
                       
Robert Haines  Full   465   02/15/2019  $68.06   02/15/2023  3 years
   Full   375   02/28/2020  $78.30   02/28/2024  3 years
   Full   201   02/18/2021  $149.92   02/18/2025  3 years
   Full   198   02/22/2022  $151.90   02/22/2026  3 years
                       
James Hockenberry  Full   465   02/15/2019  $68.06   02/15/2023  3 years
   Full   375   02/28/2020  $78.30   02/28/2024  3 years
   Full   201   02/18/2021  $149.92   02/18/2025  3 years
   Full   198   02/22/2022  $151.90   02/22/2026  3 years
                       
Daniel Hrynkow  Full   754   08/27/2019  $79.57   08/27/2023  3 years
   Full   435   08/24/2020  $138.01   08/24/2024  3 years
   Full   404   08/25/2021  $148.68   08/25/2025  3 years
   Full   511   08/19/2022  $117.55   08/19/2026  3 years
                       
Edwin B. Moran  Full   930   02/15/2019  $68.06   02/15/2023  3 years
   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
                       
Dean W. Rivest  Full   930   02/15/2019  $68.06   02/15/2023  3 years
   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
                       
Timothy P. Scanlan  Full   930   02/15/2019  $68.06   02/15/2023  3 years
   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   395   02/22/2022  $151.90   02/22/2026  3 years
                       
Matthew F. Unger  Full   395   02/22/2022  $151.90   02/22/2026  3 years
                       
James Upchurch  Full   754   08/27/2019  $79.57   08/27/2023  3 years
   Full   435   08/24/2020  $138.01   08/24/2024  3 years
   Full   404   08/25/2021  $148.68   08/25/2025  3 years
   Full   511   08/19/2022  $117.55   08/19/2026  3 years