Exhibit 10.3 2016 Equity Incentive Plan
EX-10.3 4 exhibit1032016equityincent.htm EXHIBIT 10.3 Exhibit
Exhibit 10.3
2016 Equity Incentive Plan
The 2016 Equity Incentive Plan provides for the issuance of equity incentive awards in the form of (i) non-qualified stock options; and (ii) time-based restricted stock units.
Executive Officer | Time-Based Restricted Stock Units (# shares) | Non-Qualified Stock Options (# shares) |
Douglas C. Bryant President and Chief Executive Officer | 12,815 | 93,847 |
Michael D. Abney, Jr. Senior Vice President, Distribution | 4,805 | 35,192 |
Robert J. Bujarski Senior Vice President, Business Development and General Counsel | 4,805 | 35,192 |
Werner Kroll Senior Vice President, Research and Development | 4,805 | 35,192 |
Edward K. Russell Senior Vice President, Global Commercial Operations | 4,805 | 35,192 |
Randall J. Steward Chief Financial Officer | 5,339 | 39,103 |
John D. Tamerius Senior Vice President, Strategic and External Affairs | 4,485 | 32,846 |
The vesting period for the non-qualified stock options and restricted stock units is over four years with the first 50% of such equity awards vesting at the end of the second-year anniversary of the grant date and the remainder vesting 25% annually on each of the following two anniversaries thereafter.
