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An announcement from Amtech Systems (ASYS) is now available.
Amtech Systems, Inc. has amended the employment agreement of Robert C. Daigle, replacing his right to receive restricted stock units with an option to purchase 400,000 shares at a 25% premium to the recent closing price. This new stock option is shorter in duration, with a five-year term and staggered vesting dates in 2024 and 2025. Daigle has also agreed to opt out of the Executive Bonus Plan as part of this arrangement.
For detailed information about ASYS stock, go to TipRanks’ Stock Analysis page.
