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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.0630-1.6%Nov 28 9:30 AM EST
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To: LT2011 who wrote (11255)5/14/2012 8:31:30 AM
From: LT20111 Recommendation   of 13111
 
In the late June the company will be holding their annual stock holders meeting. One of the items open for a vote will be the 2012 Stock Plan.
Shares Available for Issuance

Subject to stockholder approval, we will be authorized to grant equity-based awards under the 2012 Stock Plan for up to 20,000,000 shares of common stock. If an award under the 2012 Stock Plan is forfeited or terminated for any reason, the shares of common stock that were subject to the award will again be available for future distribution under the 2012 Stock Plan. In addition, shares subject to SARs that are exercised for cash will again be available for distribution in connection with future grants of awards under the 2012 Stock Plan.
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