New Mexico 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

Mark Sadowski - Director, Financial Institutions Division - New Mexico Regulation & Licensing Department | LinkedIn.

New Mexico is divided into 33 counties and contains 106 municipalities consisting of cities, towns, villages and an incorporated county. New Mexico's municipalities cover only 1% of the state's land mass but are home to 65.4% of its population.

Wayne Propst is the Cabinet Secretary for the New Mexico Department of Finance and Administration, having been appointed to the position by Governor Michelle Lujan Grisham in January 2023.

Wayne Propst In addition to having served as executive director of the New Mexico Retiree Health Care Authority, Propst also previously worked as a principal analyst for the New Mexico Legislative Finance Committee.

Patrick M. Allen was appointed by New Mexico Governor Michelle Lujan Grisham in January 2023 to serve as the Cabinet Secretary of the Department of Health.

Orrin Duvuvuei - Deer and Pronghorn Biologist - New Mexico Department of Game and Fish | LinkedIn.

The Employee Leasing Act mandates that no company or person may do business in New Mexico as an employee leasing contractor unless registered with the Employee Leasing Program.

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New Mexico Director stock program