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Posted On: 09/02/2020 11:05:42 AM
Post# of 148899
If the Amended and Restated 2012 Equity Incentive Plan fails to obtain the vote required for approval, our existing 2012 Equity Incentive Plan will remain in place, and the number of shares reserved for future issuance under the 2012 Equity Incentive Plan will remain at 25,000,000. We currently have 800,897 shares available for issuance under our 2012 Equity Incentive Plan, which is not sufficient to cover the grants we have already made to our executive officers and non-employee directors for fiscal year-end 2021, nor will it be sufficient to cover grants we need to make to our employees and new hires in the future.
I guess I missed the announcement of the achievements that led to the awarding of the 24M shares already given out.
I guess I missed the announcement of the achievements that led to the awarding of the 24M shares already given out.
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