BaseSalaries for Fiscal Year 2009, Cash Bonuses and Equity Compensation Awards for Fiscal Year 2008 2009 2008 Stock Option(1) Restricted StockName and Title Salary Bonus Grant (shares) Award(2) (shares) N. Anthony Coles, M.D. President and Chief Executive Officer $ 650,000 $ 625,000 105,000 15,000 (3) Laura A. Brege Executive Vice President and Chief Operating Officer $ 452,600 $ 187,425 49,000 7,000 Gregory W. Schafer(4) Former Vice President and Chief Financial Officer $ 300,000 $ 102,900
Contract Categories:
Human Resources
- Bonus & Incentive Agreements
EX-10.19 2 f51891exv10w19.htm EX-10.19 exv10w19
EXHIBIT 10.19
Base Salaries for Fiscal Year 2009, Cash Bonuses and Equity Compensation Awards for Fiscal Year 2008
| 2009 | 2008 | Stock Option(1) | Restricted Stock | |||||||||||||
| Name and Title | Salary | Bonus | Grant (shares) | Award(2) (shares) | ||||||||||||
N. Anthony Coles, M.D. President and Chief Executive Officer | $ | 650,000 | $ | 625,000 | 105,000 | 15,000 | (3) | |||||||||
Laura A. Brege Executive Vice President and Chief Operating Officer | $ | 452,600 | $ | 187,425 | 49,000 | 7,000 | ||||||||||
Gregory W. Schafer(4) Former Vice President and Chief Financial Officer | $ | 300,000 | $ | 102,900 | — | — | ||||||||||
| (1) | One-eighth of the shares subject to the stock options will vest on the six month anniversary of the date of grant and the remaining shares will vest in equal monthly installments over the following 42 months. | |
| (2) | One-third of the shares subject to the restricted stock award will vest on the one year anniversary of the date of grant and the remaining shares will vest in two equal installments on the second and third anniversaries of the date of grant. | |
| (3) | Dr. Coles also received a restricted stock award of 20,000 shares pursuant to the amendment of his employment agreement. The terms of the award are described in the Current Report on Form 8-K with which this exhibit is filed. | |
| (4) | As previously disclosed, Mr. Schafer resigned as Vice President and Chief Financial Officer effective January 5, 2009. His annualized salary for 2009 is the same as for 2008. |
