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  • jim56442 jim56442 Mar 3, 2004 5:44 PM Flag

    Management Compensation

    NETA,

    It appears to me that there is no bonus listed, but they did get cash for the LTIF plan. I believe this was for the 2003 year and not stock options.

    If I'm correct they were also issued 687,581 options at $32.66 per share good for a 10 year period. Last year I think the options total issued to the top six was only 457,979.

    Wouldn't those options be worth $4.58 X 687,581 = $3,149,120 at today's closing price. They are good for 10 years, who knows what they are really worth.

    Please let me know if I'm not correct on this matter.

    For better investing,

    Jim

 
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