We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
IRIDEX Corporation | NASDAQ:IRIX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.09 | -3.04% | 2.87 | 2.81 | 3.10 | 3.0201 | 2.82 | 2.97 | 52,352 | 21:51:47 |
Securities registered pursuant to Section 12(b) of the Act:
Title of Class |
|
Trading Symbol |
|
Name of Exchange on Which Registered |
Common Stock, par value $0.01 per share |
|
IRIX |
|
Nasdaq Global Market |
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
(e) Compensation of Executive Officers
2020 Short-Term Incentive Plan
On January 20, 2020, the Compensation Committee of the Company’s Board of Directors of IRIDEX Corporation (the “Company”) approved the Company’s 2020 Short-Term Incentive Plan (the “STI Plan”). David I. Bruce, the Company’s President and Chief Executive Officer, Patrick Mercer, the Company’s Chief Operating Officer, and Romeo R. Dizon, the Company’s Vice President of Finance, are eligible to participate in the STI Plan. Mr. Bruce’s, Mr. Mercer’s, and Mr. Dizon’s maximum amount payable under the STI Plan is $258,120, $148,180, and $119,500, respectively.
Awards under the STI Plan are based upon the achievement of certain corporate objectives that apply to all STI Plan participants and certain individual objectives specific to each STI Plan participant. Mr. Bruce’s, Mr. Mercer’s, and Mr. Dizon’s awards under the STI Plan are subject to the Company’s achievement of certain sales targets, as well as certain other financial and operations-related performance goals specific to Mr. Bruce, Mr. Mercer, and Mr. Dizon, respectively.
.
|
-2- |
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
|
|
|
|
|
IRIDEX CORPORATION |
|
|
|
By: |
|
/s/ David I. Bruce |
|
|
David I. Bruce President and Chief Executive Officer |
Date: January 24, 2020
|
-3- |
1 Year IRIDEX Chart |
1 Month IRIDEX Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions