RF Industries awards FY2021 bonuses and adopts FY2022 compensation plan with equity grants to top executives

R F INDUSTRIES LTD

FY2021 cash bonuses: CEO Dawson $143,331; CFO Yin $67,450; CRO Bibisi $67,450.
Salary increases effective Nov 1, 2021: Dawson $425K to $435K; Yin $200K to $275K; Bibisi $200K to $210K.
FY2022 plan: CEO target cash bonus 75% of salary (max 112.5%); other officers target 15%-50%.
Equity grants: Dawson 23,333 RSUs + 46,667 options; Yin 8,333 RSUs + 43,334 options; Bibisi 4,000 RSUs + 8,000 options; all at $7.11 strike, four-year vesting.

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