Some additional info was provided as follows:
The option becomes exercisable as to 2,160 shares on the first anniversary of March 3, 2014, date of grant and as to 2,160 shares on each of the second, third, fourth and fifth anniversaries of such date.
The option was granted on March 3, 2014, under the issuer's 2009 Equity Incentive Plan, as amended, at no charge in connection with services rendered to the issuer.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
To receive a free e-mail notification whenever Supertex makes a similar move, sign up!