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Article: Ditech Networks Grants Stock Options to Purchase 37,500 Shares and Grants 15,007 Restricted Stock Awards Under New Recruit Plans.
- Article from:
- PR Newswire
- Article date:
- September 21, 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., Sept. 21 /PRNewswire-FirstCall/ -- Ditech Networks, Inc. granted, pursuant to plans established by Ditech Networks without stockholder approval in reliance upon the "material inducement" exception to the stockholder approval requirements of the rules of The Nasdaq Stock Market, stock options to purchase an aggregate of 37,500 shares of its common stock, and an aggregate of 15,007 restricted stock awards, to nine 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 ...
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Article: Ditech Networks Reports Preliminary Q4 FY07 ...
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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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