The management group has had itself rewarded for a work well(????) done during 2005. Ok, let's say: for some work done.
Name stock grant value options
Blum 7,000 $174,230 50,000 Clark 55,000 $1,368,950 155,000 Goodkin 8,000 $199,120 55,000 Kliewer 5,000 $124,450 35,000 St. John 4,500 $112,005 30,000 Stein 10,000 $248,900 70,000 Stocks 4,500 $112,005 30,000 Wilcox 7,000 $174,230 50,000 Yetman 4500 $112,005 30,000 Total $2,625,000 505,000
When options are not enough (and their future value in doubt) top them up with some shares, seems to be the rule at Icos. Really, these guys shouldn't have anything until they produce something positive for the shareholders.
Clark of course leads the league and number two in the awards race is Stein!! The finance guy. What's going on over there?
Erik |