leadership
confidence high
sentiment neutral
materiality 0.60
OPKO Health grants stock options and bonuses to CEO Frost and other executives
OPKO HEALTH, INC.
- Compensation Committee granted stock options for 500,000 shares to CEO Phillip Frost, each at $1.31 exercise price.
- CEO Frost receives $480,000 cash bonus; Vice Chairmen Hsiao and Zerhouni each get $450,000 bonuses and 500,000 options.
- EVP Admin Steven Rubin: 437,500 options + $400,000 bonus; CFO Adam Logal: 437,500 options + $475,000 bonus.
- Options vest ratably over four years and expire on the tenth anniversary of the grant date.
- Total options granted to named officers: 2,375,000 shares; total bonuses: $2,255,000.
item 5.02