18-172 18-172 . . Director Stock Program which provides that, on first day of director's term, such director will be granted option to acquire 900 shares of common stock, and on first day of each subsequent year of director's term, he or she will be granted options to acquire 300 shares of common stock. Options are at fair market value on date of grant and are exercisable in full six months after date of grant. The Director Stock Program also provides that, on first day of director's term, he or she will be awarded right to purchase 450 shares of restricted stock, and on first day of the second and third year of such director's term, he or she will be awarded right to purchase 150 shares of restricted stock. Purchase price will be equal to par value of common stock
Bexar Texas Director stock program is a unique initiative designed to encourage qualified individuals to invest in the growth and development of various companies in Bexar County, Texas. Through this program, individuals have the opportunity to purchase shares of stock directly from local businesses and become shareholders, contributing to the local economy and sharing in the profits and success of these companies. The program offers different types of stock programs, each tailored to meet the specific needs and preferences of investors. Here are the main types of Bexar Texas Director stock programs: 1. Bexar Texas Director Individual Stock Program: This program allows individual investors to purchase stocks directly from local businesses in Bexar County. It offers a diverse range of investment opportunities, allowing investors to choose the companies and industries that align with their investment goals and interests. 2. Bexar Texas Director Employee Stock Ownership Plan (ESOP): This program is specifically designed for employees of participating companies in Bexar County. It enables employees to acquire shares of stock as part of their compensation package or through a company-sponsored savings plan. Sops offer employees the opportunity to share in the company's success and build personal wealth through their ownership stake. 3. Bexar Texas Director Community Stock Program: This program aims to engage the entire community in supporting local businesses and fostering economic growth. It allows community members, small investors, and organizations to invest in a diversified portfolio of Bexar County businesses. By pooling investments, this program offers individuals who may not have significant resources the opportunity to participate in the stock market and contribute to the local economy. 4. Bexar Texas Director Start-Up Stock Program: Created specifically for new, innovative ventures in Bexar County, this program targets investors interested in supporting early-stage companies. It provides an avenue for those passionate about entrepreneurship to invest in promising start-ups and potentially benefit from their growth and success in the future. In summary, the Bexar Texas Director stock program is a comprehensive initiative that offers various types of investment opportunities to individuals, employees, and the community at large. By participating in these programs, investors can contribute to the growth and expansion of local businesses, stimulate the local economy, and potentially gain financial benefits as shareholders.
Bexar Texas Director stock program is a unique initiative designed to encourage qualified individuals to invest in the growth and development of various companies in Bexar County, Texas. Through this program, individuals have the opportunity to purchase shares of stock directly from local businesses and become shareholders, contributing to the local economy and sharing in the profits and success of these companies. The program offers different types of stock programs, each tailored to meet the specific needs and preferences of investors. Here are the main types of Bexar Texas Director stock programs: 1. Bexar Texas Director Individual Stock Program: This program allows individual investors to purchase stocks directly from local businesses in Bexar County. It offers a diverse range of investment opportunities, allowing investors to choose the companies and industries that align with their investment goals and interests. 2. Bexar Texas Director Employee Stock Ownership Plan (ESOP): This program is specifically designed for employees of participating companies in Bexar County. It enables employees to acquire shares of stock as part of their compensation package or through a company-sponsored savings plan. Sops offer employees the opportunity to share in the company's success and build personal wealth through their ownership stake. 3. Bexar Texas Director Community Stock Program: This program aims to engage the entire community in supporting local businesses and fostering economic growth. It allows community members, small investors, and organizations to invest in a diversified portfolio of Bexar County businesses. By pooling investments, this program offers individuals who may not have significant resources the opportunity to participate in the stock market and contribute to the local economy. 4. Bexar Texas Director Start-Up Stock Program: Created specifically for new, innovative ventures in Bexar County, this program targets investors interested in supporting early-stage companies. It provides an avenue for those passionate about entrepreneurship to invest in promising start-ups and potentially benefit from their growth and success in the future. In summary, the Bexar Texas Director stock program is a comprehensive initiative that offers various types of investment opportunities to individuals, employees, and the community at large. By participating in these programs, investors can contribute to the growth and expansion of local businesses, stimulate the local economy, and potentially gain financial benefits as shareholders.