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APNT > SEC Filings for APNT > Form 8-K on 6-Mar-2014All Recent SEC Filings

Show all filings for APPLIED NANOTECH HOLDINGS, INC

Form 8-K for APPLIED NANOTECH HOLDINGS, INC


6-Mar-2014

Change in Directors or Principal Officers


Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Effective March 1, 2014, the pay rates of certain executive officers were adjusted. The salary of the Chief Operating Officer, Dr. Zvi Yaniv, was adjusted from an annual rate of $325,000 to an annual rate of $168,000. The salary of the Executive Vice President of the Company's Applied Nanotech, Inc. subsidiary, Dr. Richard Fink, was adjusted from an annual rate of $175,000 to an annual rate of $112,000.

Both of these new rates correspond with the actual amounts the officers were being paid and eliminates the portion of the salaries that were being deferred.

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