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Article: Vail Banks, Inc. Announces Grants of Restricted Stock and Stock Options.
- Article from:
- PR Newswire
- Article date:
- March 26, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VAIL, Colo., March 25 /PRNewswire-FirstCall/ -- Vail Banks, Inc. announced today that on March 21, 2005 it completed grants of restricted stock to two of its executive officers and non-qualified stock options to two other key employees, in connection with inducing their respective employments.
Gary S. Judd, the company's Chief Executive Officer and President, was granted 100,000 shares of restricted stock. Raymond E. Verlinde, its Principal Financial and Accounting Officer and Senior Executive Vice President and Chief Administrative Officer of the company's banking subsidiary, WestStar Bank, was granted 30,000 shares of restricted stock. Each of these grants ...