Mykrolis (NYSE:MYK)
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From Jul 2019 to Jul 2024
Mykrolis Corporation Announces Employment Inducement Stock Option
Grants
BILLERICA, Mass., April 29 /PRNewswire-FirstCall/ -- Mykrolis Corporation , a
leading supplier of components and systems to the semiconductor industry, today
announced that Employment Inducement Stock Options covering an aggregate of
4,600 shares had been granted on April 28, 2004 to 5 newly hired employees of
Mykrolis. In accordance with newly adopted New York Stock Exchange Rule
303A(8), these stock option grants were made under a stock option plan without
stockholder approval. Rule 303A(8) requires public announcement of option
grants made under this type of plan as well as written notice to the Exchange.
All of the above stock options were granted on terms that include the
following: seven year duration, exercise price equal to the closing price of
Mykrolis stock on the New York Stock Exchange on date of grant, vesting of 25%
of the shares on the first anniversary of the grant date, with the balance
vesting quarterly thereafter in 12 equal installments.
About Mykrolis
Mykrolis Corporation, based in Billerica, Massachusetts, is a worldwide
developer, manufacturer and supplier of liquid and gas delivery systems,
components and consumables used to precisely measure, deliver, control and
purify the process liquids, gases and chemicals, as well as the deionized
water, photoresists and vacuum systems utilized in the semiconductor
manufacturing process. In addition, the Company's products are used to
manufacture a range of other products, such as flat panel displays, high purity
chemicals, photoresists, solar cells, gas lasers, optical disks and fiber optic
cables. For more information, visit http://www.mykrolis.com/.
Contacts:
Bertrand Loy, Chief Financial Officer
Steve Cantor, Director of Investor Relations and Corporate Communications
978-436-6500
DATASOURCE: Mykrolis Corporation
CONTACT: Bertrand Loy, Chief Financial Officer, or Steve Cantor, Director
of Investor Relations and Corporate Communications,
, +1-978-436-6500, both of Mykrolis Corporation
Web site: http://www.mykrolis.com/