|
Quotes & Info
|
| THRM > SEC Filings for THRM > Form 8-K on 7-Jan-2009 | All Recent SEC Filings |
7-Jan-2009
Change in Directors or Principal Officers
(e) On December 23, 2008, Thermage, Inc. ("Thermage" or the "Company") completed its acquisition of Reliant Technologies, Inc. ("Reliant"). In recognition of the efforts of certain individuals and contingent upon the successful completion and closing of the acquisition of Reliant, the Compensation Committee of the Company's Board of Directors approved cash bonuses to Thermage's named executive officers. The amounts of the cash awards, which were paid on December 31, 2008, are as follows:
Stephen J. Fanning
President and Chief Executive Officer $ 90,000
John F. Glenn
Chief Financial Officer $ 26,500
Clint Carnell
Chief Operating Officer $ 30,000
|
In addition, as previously reported, equity awards for Messrs. Fanning, Glenn and Carnell of 60,403, 17,786 and 20,135 restricted stock units, respectively, were made pursuant to the Company's 2006 Equity Incentive Plan for long-term retention purposes. These restricted stock units will vest 100% on January 23, 2010, provided that the grantee remains a service provider to the Company through such date. Each unit represents the right to receive one share of our common stock on the date it vests. Additional terms and conditions of these restricted stock units are specified in Thermage's 2006 Equity Incentive Plan and an agreement executed with the grantee.
|
|