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Article: Ditech Networks Grants Stock Options to Purchase 4,000 Shares and Grants 1,400 Restricted Stock Awards Under New Recruit Plans.
- Article from:
- PR Newswire
- Article date:
- August 2, 2006
CopyrightCOPYRIGHT 2006 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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MOUNTAIN VIEW, Calif., Aug. 2 /PRNewswire-FirstCall/ -- Ditech Networks, Inc. granted stock options to purchase an aggregate of 4,000 shares of its common stock, and granted an aggregate of 1,400 restricted stock awards to two people who were recently hired by Ditech Networks. All of the stock options have a term of ten years, and all of the stock options and restricted stock awards will vest over four years and were granted as a material inducement for these people to join Ditech Networks. The stock options have an exercise price per share equal to the closing sales price of the common stock on the date of grant. The options and restricted stock awards were granted ...
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... ... May 8 /PRNewswire-FirstCall/ -- Ditech Networks, Inc. reported today that based ... Montgomery, President and CEO of Ditech Networks. "We did however achieve a significant ... Fiscal 2008 Outlook At this time, Ditech Networks expects revenues in the first quarter ...
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