leadership
confidence high
sentiment neutral
materiality 0.35
Tecogen grants restricted stock, options to NEOs; raises base salaries 3-5%
TECOGEN INC.
- CEO Rangesh receives 174,081 restricted shares, 26,041 options at $5.17; salary +5% to $220,500.
- President/COO Panora gets 9,671 restricted shares, 26,041 options; salary +3% to $206,000.
- CFO Deschenes gets 29,013 restricted shares; salary +3% to $185,400.
- VP Lafaille gets 29,013 restricted shares; salary +3% to $152,260; GC Whiting gets 19,342 restricted shares; salary +3% to $185,400.
- All equity awards vest in equal annual installments over four years; options exercisable at $5.17/share.