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To: JDN who wrote (5852)	4/25/1998 9:01:00 AM
From: sibe	Respond to of 10786

Message 4022879 Alydaar post 5605 talks about the employee stock options. The following is a clip of the officers' stock options which vest on 4/24/98. Bob Gruder's salary for 1997 is $60,000 (also from post 5605): Compen- Awarded Options/ Payouts Compen- Name and Principal Position Year Salary($) Bonus($) sation ($) ($) SARs (#) ($) sation ($) --------------------------- ---- --------- -------- ---------- ----- -------- ----- ---------- Robert F. Gruder 1997 60,000 -0- -0- -0- 2,000 1 -0- -0- Name and Address Amount and Nature Percent of Class Robert F. Gruder 7,030,325 38.8% c/o Alydaar Software Corporation 2101 West Rexford Road Charlotte, NC 28211 V. Hollis Scott 186,667 1 1.0% c/o Alydaar Software Corporation 2101 West Rexford Road Charlotte, NC 28211 Thomas J. Dudchik 226,166 2 1.3% c/o Alydaar Software Corporation 2101 West Rexford Road Charlotte, NC 28211 Frank G. Milligan 30,000 3 * c/o Alydaar Software Corporation 2101 West Rexford Road Charlotte, NC 28211 James F. Helm 20,250 4 * c/o Alydaar Software Corporation 2101 West Rexford Road Charlotte, NC 28211 J. Alex McMillan (Director) 27,840 5 * 3801 Barnwood Drive Charlotte, NC 28211 John McCarthy (Director) -0- * 4 Glenwood Circle East Windsor, NJ 08520-2304 All officers and directors as a group (9 persons) 7,576,248 42.5% -------- 1 Includes 100,000 shares issuable upon exercise of options which vest on April 24, 1998. 2 Includes 200,000 shares issuable upon exercise of options. Of these, 50,000 options vest on April 24, 1998. 3 Includes 10,000 shares issuable upon exercise of options and an additional 20,000 shares issuable upon exercise of options, which options vest on April 24, 1998. 4 Includes 10,000 shares issuable upon exercise of options and an additional 10,000 shares issuable upon exercise of options, which options vest on April 24, 1998. 5 Includes 15,000 shares issuable upon exercise of warrants and warrants to purchase 7,840 shares owned by a company which Mr. McMillan controls. * Represents less than 1% ownership. Comment from sibe to JDN: I guess we'll see soon from the stock price if these directors decide to buy a new house in Charlotte.