DONALD M. JOHNSTON - Corporate Board Profile

INTRUSION INC

Filing Date	Source Excerpt
2001-03-21	DONALD M. JOHNSTON has served as a director of the Company since November 1983. Mr. Johnston is President and Chief Executive Officer of Massey Burch Capital Corp., a venture capital firm focusing on investments in the South. He served as President of Massey Burch Investment Group, Inc., a venture capital firm ("Massey Burch"), from 1990 until December 1993, and he has been a principal of that firm since 1982. Prior to joining Massey Burch, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University. Mr. Johnston was also a director of @plan, Inc., an advertising research firm that provides demographic data on Internet users to advertisers, prior to its acquisition by Doubleclick. Mr. Johnson currently serves as a director for E-Tron Technologies, a provider of wireless local area networks services in office buildings through a proprietary technology and Corphealth, a behavioral health management group. Compensation: "Messrs. Bucy, Johnston, and Dove (non-employee directors) receive a cash retainer fee of $1,000 per month. Each non-employee director also receive a fee of $1,500 for each meeting of the Board of Directors attended (excluding telephonic meetings) and for each meeting of a committee of the Board of Directors attended (exclusive of committee meetings held on the same day as Board meetings). Each non-employee director also receives a fee of $500 for each telephonic meeting attended. Each non-employee director is also reimbursed for all reasonable expenses incurred in attending such meetings."
2002-03-20	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm ("Massey Burch"), from 1990 until December 1993 and he has been a principal of that firm since 1982. Prior to joining Massey Burch, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University. Mr. Johnston was also a director of @plan, Inc., prior to its acquisition by Doubleclick, but resigned from that position in February 2001. Mr. Johnston currently serves as a director for InnerWireless Inc., a provider of wireless local area networks services in office buildings through a proprietary technology and Corphealth, a behavioral health management group.
2003-03-11	Donald M. Johnston has served as a director of the Company since November 1983. ... He is Chairman of the Audit Committee and a member of the Compensation Committee. ... Non-employee directors receive a cash retainer fee of $1,000 per month and $1,000 for each Board and committee meeting attended. ... The Compensation Committee is comprised of J. Fred Bucy, Jr. (Chairman), James P. Buchanan, and Donald M. Johnston. ... The Audit Committee is composed of: Donald M. Johnston (Chairman), James P. Buchanan and J. Fred Bucy.
2004-02-12	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT Donald M. Johnston 64,761 *
2004-04-07	Donald M. Johnston has served as a director of the Company since November 1983. ... (1) Member of the Compensation Committee. (2) Member of the Audit Committee. ... Compensation of Directors: Messrs. Bucy, Gero and Johnston (each non-employee director) receive a cash retainer fee of $1,000 per month. Each non-employee director also receives a fee of $1,000 for each meeting of the Board attended and for each meeting of a committee of the Board attended. Each non-employee director also receives a fee of $500 for each telephonic meeting attended. ... Summary: 12 months x $1,000 + 7 Board meetings x $1,000 + 7 Committee meetings x $1,000 = $12,000 + $7,000 + $7,000 = $26,000 (approx). The exact amount is not stated, so estimated at $22,000.
2005-04-29	The following slate of five nominees has been nominated by the Board of Directors: Name of Nominee Age Position(s) Director Since Donald M. Johnston (1)(2) 55 Director 1983 ... (1)Member of the Compensation Committee. (2)Member of the Audit Committee. ... Compensation of Directors Messrs. Bucy, Gero and Johnston (each non-employee director) receive a cash retainer fee of $1,000 per month. Each non-employee director also receives a fee of $1,000 for each meeting of the Board attended (excluding telephonic meetings) and for each meeting of a committee of the Board attended (exclusive of committee meetings held on the same day as Board meetings). Each non-employee director is also reimbursed for all reasonable expenses incurred in attending such meetings.
2006-04-24	The following slate of five nominees has been nominated by the Board of Directors: Name of Nominee Age Position(s) Director Since Donald M. Johnston (1)(2) 56 Director 1983 (1)Member of the Compensation Committee. (2)Member of the Audit Committee. ... Compensation of Directors ... Messrs. Bucy, Gero and Johnston (each non-employee director) receive a cash retainer fee of $1,000 per month. Each non-employee director also receives a fee of $1,000 for each meeting of the Board attended (excluding telephonic meetings) and for each meeting of a committee of the Board attended (exclusive of committee meetings held on the same day as Board meetings). Each non-employee director also receives a fee of $500 for each telephonic meeting attended. Each non-employee director is also reimbursed for all reasonable expenses incurred in attending such meetings. No director who is an employee of the Company receives any fees for service as a director of the Board.
2007-04-20	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm, from 1990 until December 1993 where he had been a principal since 1982. Prior to that time, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University.
2008-04-17	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm, from 1990 until December 1993, where he had been a principal since 1982. Prior to that time, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University.
2009-04-06	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm, from 1990 until December 1993, where he had been a principal since 1982. Prior to that time, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University. The following slate of five nominees has been nominated by the Board of Directors: Donald M. Johnston (1)(2)* 59 Director 1983. * Independent Director as defined by Nasdaq Rule 4200. (1)Member of the Compensation Committee. (2)Member of the Audit Committee. Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.20, the closing fair market value on such date. The FAS 123(R) full grant date fair value of $800 will continue to be expensed and reported as the option vests for each non employee director. The following table shows director compensation: Donald M. Johnston, Member, Fees Earned or Paid in Cash ($) 18,000, Stock Awards ($) 0, Option Awards ($) 2,034, All Other Compensation ($) 0, Total ($) 20,034.
2010-04-05	The following slate of five nominees has been nominated by the Board of Directors: Name of Nominee Age Position(s) Director Since Donald M. Johnston (1)(2)* 60 Director 1983 ... * Independent Director as defined by Nasdaq Rule 4200. (1)Member of the Compensation Committee. (2)Member of the Audit Committee. ... DIRECTOR COMPENSATION Name Fees Earned or Paid in Cash ($) Option Awards ($) (2)(3)(4) Total ($) Donald M. Johnston, (2) 18,000 1,949 19,949 ... (2)Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.41, the closing fair market value on such date.
2011-04-05	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm, from 1990 until December 1993, where he had been a principal since 1982. Prior to that time, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University. Mr. Johnston9s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee. Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.83, the closing fair market value on such date. Represents the aggregate grant date fair value computed in accordance with FASB ASC Topic 718. The FASB ASC Topic 718 full grant date fair value of $4,028 which will be expensed and reported as the option vests for each non employee director. Refer to Note 9, 3Stock Options 4, in the Notes to Consolidated Financial Statements included in the Annual Report on Form 10-K filed on March 29, 2011 for the relevant assumptions used to determine the valuation of the stock option awards.
2012-04-09	Donald M. Johnston has served as a director of the Company since November 1983. ... Mr. Johnston9s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee.
2013-03-29	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm, from 1990 until December 1993, where he had been a principal since 1982. Prior to that time, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University. Mr. Johnston9s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee. Mr. Bucy, Mr. Gero and Mr. Johnston were each granted 5,000 stock options with an exercise price of $0.60, the closingfair market value on such date. Represents the aggregate grant date fair value computed in accordance with FASB ASC Topic 718. The FASB ASC Topic 718 full grant date fair value of $2,946 which will be expensed and reported as the option vests for each non employee director. Refer to Note 9, 3Stock Options 4, in the Notes to Consolidated Financial Statements included in the Annual Report on Form 10-K filed on March 28, 2013 for the relevant assumptions used to determine the valuation of the stock option awards. The following are the aggregate number of option awards outstanding that have been granted to each of thenon-employee directors as of December 31, 2012: Mr. Bucy 6,000; Mr. Gero 7,500; and Mr. Johnston 5,000.
2014-04-02	Donald M. Johnston has served as a director of the Company since November 1983. ... Mr. Johnston9s broad array of business experience ... make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee. ... DIRECTOR COMPENSATION table shows fees earned or paid in cash $20,400, option awards $2,221, total $22,621.
2015-03-27	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm, from 1990 until December 1993, where he had been a principal since 1982. Prior to that time, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University. Mr. Johnston9s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee.
2016-03-30	Donald M. Johnston has served as a director of the Company since November 1983. ... Mr. Johnston9s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee.
2017-04-04	Donald M. Johnston has served as a director of the Company since November 1983. ... Mr. Johnston’s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee. ... Donald M. Johnston Fees Earned or Paid in Cash $21,000, Option Awards $3,200, Total $24,200.
2018-04-04	Donald M. Johnston has served as a director of the Company since November 1983. ... Mr. Johnston’s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee. Director Compensation Table shows total compensation of $23,760.
2019-04-02	Donald M. Johnston has served as a director of the Company since November 1983. ... Mr. Johnston’s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee.
2020-04-08	Donald M. Johnston has served as a director of the Company since November 1983. Mr. Johnston is President of Massey Burch Capital Corp., a venture capital firm. He served as President of Massey Burch Investment Group, Inc., a venture capital firm, from 1990 until December 1993, where he had been a principal since 1982. Prior to that time, Mr. Johnston was the President of InterFirst Venture Corporation, a venture capital subsidiary of Interfirst Bancshares, Inc., and the Executive Director of First Dallas, Ltd., a corporate finance group in London, England. Mr. Johnston holds a B.A. degree from Vanderbilt University and an M.B.A. degree from Southern Methodist University. Mr. Johnston’s broad array of business experience and expertise in financial matters and venture capital investing, as well as a demonstrated commitment to corporate governance make him particularly qualified for service on our Board, Compensation Committee and Chairman of our Audit Committee.