Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
With effect from January 14, 2013, the Independent Directors of the Board of
Directors of Identive Group Inc. (the "Company"), upon recommendation of the
Compensation Committee, have approved a discretionary grant of an option to
purchase 250,000 shares of the Company's common stock to Ayman S. Ashour, the
Company's Chairman and Chief Executive Officer. The exercise price of the option
is $1.34, representing the closing bid price of the common stock on NASDAQ on
January 14, 2013. The option vests over a four-year period, with 25% of the
shares subject to the option vesting after one year and the remaining shares
vesting 1/36th per month for the following three years.
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