20.6.2006: Meldung: Capstone Turbine Corp.: New Option Grant Under NASDAQ Rule 4350
Monday June 19, 4:51 pm ET
CHATSWORTH, Calif.-- June 19, 2006--Capstone Turbine Corporation granted an inducement stock option to Larry Colson, its new Vice President of Human Resources. The option covers 200,000 shares of the Company"s common stock.
This option was granted without stockholder approval pursuant to NASDAQ Marketplace Rule 4350 (i)(1)(A)(iv) under the following terms: non-qualified stock option, exercise price equal to the closing price on the day prior to the grant date, ten-year duration, and vesting 25% after 1st year and 1/48th monthly thereafter.
About Capstone Turbine
Capstone Turbine Corporation® (www.microturbine.com; Nasdaq:CPST - News) is the world"s leading producer of low-emission microturbine systems, and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped more than 3,500 Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged more than 11 million documented runtime operating hours. Capstone Turbine is a member of the U.S. Environmental Protection Agency"s Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation"s energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2000 certified company, Capstone Turbine is headquartered in the Los Angeles area with sales and/or service centers in New York, Mexico City, Milan, Shanghai and Tokyo.
"Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
Capstone Turbine Corporation
Alice Barsoomian, 818-407-3628
Source: Capstone Turbine Corporation