Omega Flex, Inc. Phantom Stock Agreements Schedule for Directors and Officers (as of March 16, 2012)
Omega Flex, Inc. has granted phantom stock awards to several directors and officers, including Dean Rivest, Paul Kane, Edwin Moran, Steven Treichel, Timothy Scanlan, and Steven Hockenberry. Each recipient is awarded a specified number of phantom stock units at a set grant price, with vesting over three years and maturity dates ranging from 2013 to 2016. These agreements provide the recipients with compensation tied to the company's stock value, without granting actual shares, as part of their incentive and compensation packages.
EXHIBIT 10-15 | ||||||
OMEGA FLEX, INC. | ||||||
Phantom Stock Agreements | ||||||
Schedule of Directors and Officers | ||||||
As of March 16, 2012 | ||||||
Director/Officer | Type | Number | Grant Date | Grant Price | Maturity Date | Vesting Schedule |
Dean Rivest | Full | 1,601 | 02/20/2009 | $ 15.62 | 02/20/2013 | 3 years |
Full | 1,500 | 03/03/2010 | $ 10.52 | 03/03/2014 | 3 years | |
Full | 1,500 | 03/03/2011 | $ 13.14 | 03/03/2015 | 3 years | |
Full | 1,500 | 02/16/2012 | $ 16.68 | 02/16/2016 | 3 years | |
Paul Kane | Full | 1,601 | 02/20/2009 | $ 15.62 | 02/20/2013 | 3 years |
Full | 1,500 | 03/03/2010 | $ 10.52 | 03/03/2014 | 3 years | |
Full | 1,500 | 03/03/2011 | $ 13.14 | 03/03/2015 | 3 years | |
Full | 1,500 | 02/16/2012 | $ 16.68 | 02/16/2016 | 3 years | |
Edwin Moran | Full | 1,601 | 02/20/2009 | $ 15.62 | 02/20/2013 | 3 years |
Full | 1,500 | 03/03/2010 | $ 10.52 | 03/03/2014 | 3 years | |
Full | 1,500 | 03/03/2011 | $ 13.14 | 03/03/2015 | 3 years | |
Full | 1,500 | 02/16/2012 | $ 16.68 | 02/16/2016 | 3 years | |
Steven Treichel | Full | 2,241 | 02/20/2009 | $ 15.62 | 02/20/2013 | 3 years |
Full | 2,100 | 03/03/2010 | $ 10.52 | 03/03/2014 | 3 years | |
Full | 2,100 | 03/03/2011 | $ 13.14 | 03/03/2015 | 3 years | |
Full | 2,100 | 02/16/2012 | $ 16.68 | 02/16/2016 | 3 years | |
Timothy Scanlan | Full | 1,601 | 02/20/2009 | $ 15.62 | 02/20/2013 | 3 years |
Full | 1,500 | 03/03/2010 | $ 10.52 | 03/03/2014 | 3 years | |
Full | 1,500 | 03/03/2011 | $ 13.14 | 03/03/2015 | 3 years | |
Full | 1,500 | 02/16/2012 | $ 16.68 | 02/16/2016 | 3 years | |
Steven Hockenberry | Full | 590 | 02/16/2012 | $ 16.68 | 02/16/2016 | 3 years |
