3Ware 2005 Annual Report Download - page 60
Download and view the complete annual report
Please find page 60 of the 2005 3Ware annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
 |
 |
(12) Incorporated by reference to identically numbered exhibits filed with the Company’s Quarterly Report on
Form 10-Q for the quarter ended September 30, 2003.
(13) Incorporated by reference to Exhibit 99.4 filed with the Company’s Registration Statement on Form S-8 on
October 29, 2003.
(14) Effective March 31, 2005, our Board of Directors terminated our 1997 Directors’ Stock Option Plan (the
“Directors Plan”). The Directors Plan provided for the automatic grant of stock options to our non-employee
directors upon initial election to the Board of Directors and annually thereafter. The Directors Plan had an
insufficient number of shares available to permit the full annual grant of options to each of the eligible non-
employee directors scheduled for April 1, 2005. In lieu of the scheduled grant from the Directors Plan, the
Board of Directors approved the grant of equivalent stock options to the five eligible non-employee
directors from our 1992 Stock Option Plan. The termination of the Directors Plan will not affect any stock
options previously granted pursuant to the Directors Plan.
(15) Incorporated by reference to Exhibit 99.1 filed with the Company’s Current Report on Form 8-K on
January 21, 2005.
54