Upon the termination of employment of an officer under such circumstances we are obligated to pay to that officer an amount equal to the greater of i four 4 weeks of pay at the officers base salary or ii one week of pay for every year of employment with us. Subsequent offering periods will be every six months thereafter or as otherwise determined by the Compensation Committee. The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Companys counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. Certain Relationships and Related Transactions Some of our stockholders, some of whom are affiliated with our Directors or that own more than 5% of a class of our common stock, have registration rights to register shares of our common stock under the Securities Act of 1933. Then I went to dicks and after 20 minutes I found 3 pairs that I liked in my size. Building on our 156-year heritage, Aetna will be a leader cooperating with doctors and hospitals, employers, patients, public officials and others to build a stronger, more effective health care system. Investors have been able to regularly earn a respectable return on their investments.
The shares listed in this table above include shares issuable upon the exercise of options or other rights that are exercisable or will become exercisable within 60 days of December 31, 2002. The company was founded in 1948 by Dick Stack at the age of 18. The 2002 tax payment for Mr. There are generally four 4 Board meetings per year. The Company receives continued employment by the employees as consideration for the Plan. The Board will exercise its business judgment to determine a directors eligibility to serve on the Audit Committee. At the current time the department's sales are about average for company stores in the Northeast region, with potential for considerable improvement.
Other than by will or other transfer on death, options and stock appreciation rights are not transferable. The c … ompany also owns Golf Galaxy, Inc. The Plan shall not confer upon any Participant any right with respect to continuation of employment or consulting relationship with the Company, nor shall it interfere in any way with his right or the Companys right to terminate his employment or consulting relationship at any time, with or without cause. Stack disclaims beneficial ownership of those securities, and the inclusion of such shares shall not be an admission that the reporting person is the beneficial owner for the purposes of Section 16 under the Securities Exchange Act of 1934. Stack at 75% of the then market value of the stock.
Provide recommendations for future action. Accordingly, the Compensation Committee expressly reserves the authority to approve non-deductible compensation in appropriate circumstances. The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of this Plan. The Board of Directors has standing Compensation and Audit Committees that were established prior to our initial public offering, and in March 2003 we established a Governance Committee. The Audit Committee will adopt policies and procedures for carrying out its responsibilities.
You can notify us by sending a written request to Dicks Sporting Goods, Inc. The 2002 Stock Plan may be administered by the full Board or any committee appointed by the Board to administer the plan. B In the case of a Nonstatutory Stock Option granted to any person, the per Share exercise price may not be less than the Fair Market Value per Share on the date of grant, provided however, that Nonstatutory Stock Options granted after the Companys initial public offering of its Common Stock may be made where the per share exercise price is less than the Fair Market Value per Share on the date of grant if i such grants are made to persons that are then currently not executive B-5 officers as the term is defined in Rule 3b-7 under the Securities Exchange Act of 1934, as amended of the Company and ii such grants in the aggregate that are made having an exercise price that is less than the Fair Market Value per Share do not exceed i. In the future, we intend to compensate our non-employee Directors in an amount consistent with amounts paid by comparable public companies. Stockholders do not have cumulative voting rights. To each their own I guess.
Any balance remaining in a Participants Account at the end of a Purchase Period will be carried forward into the Participants Account for the following Purchase Period. Under these guidelines, stock option grants are generally made on an annual basis in amounts that take into account such factors as market data on total compensation packages, the value of stock option grants at targeted external companies, total stockholder return, share usage and stockholder dilution. Louis-based money manager that promotes socially responsible investing, discussed with company executives ways to curb gun violence. The Audit Committee may delegate the preapproval to one of its members, provided that if such delegation is made, the full Audit Committee at the next regularly scheduled meeting shall ratify any preapproval given that member. Our shared values support and guide our operations around the world. Dick's Sporting Goods Hours Mon 9:00am - 9:30pm Tue 9:00am - 9:30pm Wed 9:00am - 9:30pm Thu 9:00am - 9:30pm Fri 9:00am - 9:30pm Sat 9:00am - 9:30pm Sun 10:00am - 7:00pm These are the hours to the Dick's sporting goods in my area. The proxies being solicited hereby are being solicited by the Board of Directors of the Company.
As part of its oversight of the Companys financial statements, the Committee reviews and discusses with both management and the Companys independent auditors all annual financial statements and quarterly operating results prior to their issuance beginning with the Companys third quarter 2002. Identify the previous filing by registration statement number, or the form or schedule and the date of its filing. Holders of common stock and Class B common stock vote together as a single class on all matters presented to the stockholders for their vote or approval, except as may be required by Delaware law. We will deliver promptly upon written or oral request a separate copy of the annual report or proxy statement, as applicable, to a security holder at a shared address to which a single copy of the documents was delivered. The base salaries of the 20 Although it is only his first week on the job, Bill believes that he has already discovered some of the problems at this store. Fuente Chairperson and Schorr comprise the Compensation Committee. That's right we do not count! The Audit Committee will, as it deems necessary, communicate with Management to obtain information concerning accounting principles adopted by the Company, internal controls of the Company, the Outside Auditors, the Companys financial, accounting and internal auditing personnel and the impact of each on the quality and reliability of the Companys financial statements.
If a grantee is disabled, the grantee may, within 12 months after becoming disabled, exercise his or her option or stock appreciation right to the extent that the grantee was entitled to exercise it on the date of becoming disabled. The Canadian-based retailer of yoga and athletic clothing invaded and disrupted the Sporting Goods niche of the U. The whole report is 85 pages long and includes company financial statements, history of the company, and managerial reports. A Purchase Period shall begin on the first business day of, and end on the last business day of, each such calendar period. Rossis current term of office as a Class B Director expires at the 2004 annual meeting. Any incentive bonus that is paid in cash or other property shall not affect the number of Shares otherwise available for issuance under this Plan.
The exercise of an incentive stock option is also not a taxable event, although the difference between the exercise price and the fair market value of the common stock on the date of exercise is an item of tax preference for purposes of the alternative minimum tax. B-1 n Employee means any person, including officers and directors, employed by the Company or any Parent or Subsidiary of the Company or any prospective employee who shall have received an offer of employment. We are collaborative, accountable, trusted, and we recognize and celebrate each other's accomplishments. The taxation of gain or loss upon the sale of common stock acquired upon exercise of an incentive stock option depends, in part, on whether the stock is held for two years from the date the incentive stock option was 18 granted and one year from the date the stock was transferred to the option holder the incentive stock option holding period. The Board has approved the Plan and believes it to be in the best interests of the Company and the stockholders. Other awards may be granted for such time periods as determined by the administrator of the Plan. Notwithstanding such designations, to the extent that an Option does not qualify as an Incentive Stock Option, it shall be treated as a Nonstatutory Stock Option.
Thus, if you do not give your broker or nominee specific instructions, your shares may not be voted on those matters and will not be counted in determining the number of shares necessary for approval. We have not retained an outside firm to aid in the solicitation. C-2 Anything herein to the contrary notwithstanding, if, as of the first day of a Purchase Period, any Eligible Employee entitled to purchase shares hereunder would be deemed for the purposes of Section 423 b 3 of the Code to own stock including any number of shares which such person would be entitled to purchase hereunder possessing 5% or more of the total combined voting power or value of all classes of stock of the Company, the maximum number of shares which such person shall be entitled to purchase pursuant to the Plan shall be reduced to that number which when added to the number of shares of stock of the Company which such person is so deemed to own excluding any number of shares which such person would be entitled to purchase hereunder , is one less than such 5%. Colombo joined us in 1988. If any other matter is properly brought before the meeting for action by stockholders, proxies in the enclosed form returned to the Company will be voted in accordance with the recommendation of the Board of Directors or, in the absence of such a recommendation, in accordance with the judgment of the proxy holder. Gun makers already are facing more pressure after the Parkland shooting, especially from their investors, such as BlackRock, one of the biggest owners of stock in publicly traded gun manufacturers.