Arkansas Director stock program

State:
Multi-State
Control #:
US-CC-18-172
Format:
Word; 
Rich Text
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Description

18-172 18-172 . . Director Stock Program which provides that, on first day of director's term, such director will be granted option to acquire 900 shares of common stock, and on first day of each subsequent year of director's term, he or she will be granted options to acquire 300 shares of common stock. Options are at fair market value on date of grant and are exercisable in full six months after date of grant. The Director Stock Program also provides that, on first day of director's term, he or she will be awarded right to purchase 450 shares of restricted stock, and on first day of the second and third year of such director's term, he or she will be awarded right to purchase 150 shares of restricted stock. Purchase price will be equal to par value of common stock
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FAQ

ARBenefits is a comprehensive major medical health plan, with covered services including preventative care, physician services, hospital admissions & outpatient care, prescription drug coverage, behavioral/mental health services, rehabilitation, emergency care, and much more.

Elizabeth Pitman Director Pitman manages the operations for Medicaid and administers the managed care programs, claims processing, contracts, and the fee-for-service program.

In the state employee plan, 11,286 employees with employee-only coverage in the state's premium plan will contribute $162.14 a month in 2024, a drop of $9.86 a month from their 2023 contribution, and 4,172 employees with employee and children coverage in the state's premium plan will pay $311.02 a month in 2024, an ...

Qualifying life events include birth/adoption, divorce/legal separation, marriage, changes in employment status (going to part-time/full-time), termination of employment, becoming age 65 (Medicare-eligible), retiring, death, loss of eligibility for other coverage or employer contributions for other coverage ending, a ...

Yes. You may make dependent enrollment changes outside of the Open Enrollment Period if you experience a life event that results in a change in family status.

Grant J. Wallace is the Director of the Employee Benefits Division (EBD).

What is a qualifying event? A qualifying event allows you to enroll , or drop coverage due to certain life events that have occurred such as marriage, birth, adoption, and loss or gain of coverage.

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Arkansas Director stock program