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Quotes & Info
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| IRIX > SEC Filings for IRIX > Form 8-K/A on 18-Sep-2012 | All Recent SEC Filings |
18-Sep-2012
Change in Directors or Principal Officers
(c) Item 5.02 of the Original Form 8-K stated that the Compensation Committee of the Board (the "Committee") was working with Messrs. Moore and Mackaness to determine their compensation arrangements.
On September 12, 2012, the Committee approved an annual base salary of $200,000 for Mr. Moore and an annual base salary of $270,000 for Mr. Mackaness. The Committee also approved the grant of 25,000 shares of restricted stock to Mr. Moore, which grant shall vest in full on December 31, 2013, subject to Mr. Moore's continuous service.
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