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CYMER INC files annual meeting proxy.
IFN Smart Edgar News - April 15, 1998 11:07
Excerpted from DEF 14A filed on 04/15 by CYMER INC:
CYMER INC files annual meeting proxy.
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD MAY 15, 1998
TO THE STOCKHOLDERS OF CYMER, INC.:
NOTICE IS HEREBY GIVEN that the Annual Meeting of Stockholders (the "Annual Meeting") of CYMER, INC., a Nevada corporation (the "Company"), will be held at 10:00 a.m., local time, on May 15, 1998, at the Company's corporate offices, 16750 Via Del Campo Court, San Diego, California 92127, for the following purposes:
Item. 1. To elect five (5) directors to serve for the ensuing year and until ttheir successors are elected.
Item. 2. To approve an amendment to the Company's 1996 Stock Option Plan to increase the shares reserved for issuance thereunder by 1,250,000 shares.
Item. 3. To ratify the appointment of Deloitte & Touche LLP as independent auditors of the Company for the year ending December 31, 1998.
Item. 4. To transact such other business as may properly come before the Annual Meeting or any postponements or adjournments thereof.
The foregoing items of business are more fully described in the Proxy Statement accompanying this Notice.
Only stockholders of record at the close of business on April 3, 1998 are entitled to notice of and to vote at the Annual Meeting.
All stockholders are cordially invited to attend the Annual Meeting in person; however, to ensure your representation at the Annual Meeting you are urged to mark, sign, date and return the enclosed proxy card as promptly as possible in the postage prepaid envelope enclosed for that purpose. YOU MAY REVOKE YOUR PROXY IN THE MANNER DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT AT ANY TIME BEFORE IT HAS BEEN VOTED AT THE ANNUAL MEETING. ANY STOCKHOLDER ATTENDING THE ANNUAL MEETING MAY VOTE IN PERSON EVEN IF HE OR SHE HAS RETURNED A PROXY.
BY ORDER OF THE BOARD OF DIRECTORS
(End of item excerpt.)
EXECUTIVE COMPENSATION
SUMMARY COMPENSATION TABLE
The following table sets forth the compensation earned in each of the last three fiscal years by the Chief Executive Officer and the executive officers who earned over $100,000 in salary and bonus for services rendered in all capacities to the Company during 1997 (the "Named Executive Officers"):
Long-Term
Annual Compensation Compensation
Securities
Underlying All Other
Name and Principal Position Year Salary($) Bonus($)(1) Options (#) Compensation($)(2)
Chairman of the Board of Directors, 1996 $175,497 $ 87,748 100,000 $ 1,845
Chief Executive Officer and President 1995 $147,611 -- 294,600 $ 1,830
Chief Financial Officer, Senior 1996 $128,942 $ 38,683 50,000 $ 3,184
Vice President and Secretary 1995 $105,809 -- 150,000 $ 3,524
Senior Vice President of Operations 1996 $121,154 $ 36,346 240,000 $ 3,949
(End of item excerpt.) |
