Posted by Jack Davis on December 1st, 2008 at 5:48 pm | Categorized as Cypress Semiconductor, Executive Pay | Tagged as Cypress Semiconductor, Executive Pay, Insider buying, TJ Rodgers
The board of directors at Cypress Semiconductor gave Chief Executive T. J. Rodgers a “discretionary bonus” worth $100,000 last month, primarily in recognition of the company’s “successful spin-off of SunPower,” an event that took place in 2006, according to a regulatory filing made today. Cypress shareholders finally received their pay-out from the deal in September when the company divided its majority holding of SunPower stock among Cypress’s own shareholders.
Rather than paying Rodgers in cash, however, Read the rest of this entry »
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Posted by Jack Davis on June 24th, 2008 at 6:09 am | Categorized as Insider trading, LaserCard | Tagged as homeland defense, Insider buying, LaserCard; Insider trading
One of Robert DeVincenzi’s first acts as chief executive of LaserCard was to buy 8,000 of the company’s shares with his own money. At $6.89 a share, the bill came to $55,115. Since then the company’s stock price has fallen nearly 19 percent. After hitting a more than three-year low Monday of $5.50, they closed at $5.58.
The shares he bought were in addition to Read the rest of this entry »
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