To: DavidG who wrote (32229 ) 4/18/1998 1:37:00 AM From: Dave Gahm Read Replies (2) | Respond to
The S-8 is simply the registration document required prior to the sale of the stock to be issued as a result of the exercise of options granted under the various option plans. The amount of options currently exercisable is not mentioned, nor the exercise prices. That info could be found in the most recent Oct 97 14A filing. The following is a footnote from the stock ownership report that shows the amount of unexercised options. These numbers are 6 months old.) Includes options to purchase shares of the Company's Common Stockexercisable within 60 days of August 28, 1997, under the Company's 1985 Incentive Stock Option Plan, 1994 Stock Option Plan and Nonstatutory Stock Option Plan in the following amounts: Mr. Appleton, 395,669; Mr.Baldwin, 180,191; Mr. Cloud, 152,528; Mr. Donnelly, 58,520; Mr Heitzeberg, 224,424; Mr. Lowrey, 56,000; Mr. Stover, 163,275; Mr. Bagley,10,000; Mr. Hess, 10,000; Mr. Lothrop, 10,000; Mr. Nicholson, 10,000; Mr. Don Simplot, 10,000; Mr. John Simplot, 10,000; Mr. Smith, 10,000; and all directors and executive officers as a group (19 persons), 1,703,365. (2) Estimated in accordance with Rules 457(c) and 457(h) of Regulation C solely for the purpose of calculating the registration fee on the basis of $27.75 per share, average of the high and low price of the Registrant's Common Stock as reported on the New York Stock Exchange on April 13, 1998.
