Twin Vee PowerCats raises VP salary, grants 650K stock options to three executives

Twin Vee PowerCats, Co.

VP Preston Yarborough base salary increased to $200,000 per year effective June 27, 2024.
Options granted: CEO Visconti 300K, VP Yarborough 200K, CFO Dickerson 150K (100K+50K) shares.
Exercise prices $0.57 (June 26) and $0.53 (June 27); vesting periods 2-year monthly or 4-year annual.
Grants under amended 2021 Stock Incentive Plan; options expire 10 years from grant date.

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