| 2001-10-01 |
Ms. Janet Moore has been a Director of the Company since April 29, 1997, and has been serving as the Company's Secretary and Treasurer since 1985. She has served as the Company's Chief Financial Officer since 1999. She has been an employee of the Company since 1976. |
| 2002-09-30 |
Ms. Janet Moore has been a Director of the Company since April 29,
1997, and has been serving as the Company's Secretary and Treasurer since 1985.
She has served as the Company's Chief Financial Officer since 1999. She has been
an employee of the Company since 1976. Ms. Moore also serves as a director and
Secretary of Lancer Orthodontics, Inc. and the Company's discontinued operation,
ReadyScript, Inc.
COMPENSATION COMMITTEE
The compensation committee of the Board of Directors reviews and makes
recommendations to the Board regarding all forms of compensation and benefits
provided the Company's officers. In addition, the compensation committee
establishes and reviews general policies relating to the compensation and
benefits of all the Company's employees. The compensation committee comprises
Dr. Robert A. Orlando and Ms. Janet Moore. One (1) compensation committee
meeting was held during the fiscal year ended May 31, 2002. |
| 2005-09-28 |
Janet Moore 54 1997 Secretary, Chief Financial Officer, and Director |
| 2006-09-28 |
Janet Moore, 55, Secretary, Chief Financial Officer, and Director. Ms. Janet Moore has been a Director of the Company since April 29, 1997, and has been serving as the Company's Secretary and Treasurer since 1985. She has served as the Company's Chief Financial Officer since 1999. |
| 2007-09-28 |
Janet Moore, 56, Secretary, Chief Financial Officer, Treasurer and Director. Total compensation: $91,953. |
| 2008-09-29 |
Janet Moore, 57, Secretary, Chief Financial Officer, Treasurer and Director. Compensation: $88,231 in 2008. |
| 2009-09-29 |
Janet Moore 58 1997 Secretary, Chief Financial Officer, Treasurer, Director
Ms. Janet Moore has been a Director of the Company since April 29, 1997, and has been serving as the Company's Secretary and Treasurer since 1985. She has served as the Company's Chief Financial Officer since 1999.
EXECUTIVE COMPENSATION
Janet Moore Chief Financial Officer, Treasurer & Secretary 2009 85,836 12,189 -0- 4,556 -0- -0- -0- 102,581(3) |
| 2010-09-29 |
Ms. Janet Moore has been a Director of the Company since April 29, 1997, and has been serving as the Company's Secretary and Treasurer since 1985. She has served as the Company's Chief Financial Officer since 1999 ... Janet Moore Chief Financial Officer, Treasurer & Secretary 2010 Salary ($) 89,761 Option Awards ($) 2,859 Total ($) 92,620 |
| 2011-09-28 |
Ms. Janet Moore has been a Director of the Company since April 29, 1997, and has been serving as the Company's Secretary and Treasurer since 1985. She has served as the Company's Chief Financial Officer since 1999 ... Janet Moore Chief Financial Officer, Treasurer & Secretary 2011 Salary ($) 89,500 Option Awards ($) 10,741 Total ($) 100,241 |
| 2012-09-28 |
Janet Moore 61 1997 Secretary, Chief Financial Officer,Treasurer, Director
... The following table sets forth the total compensation earned by all executive officers of the company for the fiscal years ended May 31, 2012 and 2011.
Name and Principal Position Year Salary ($) Bonus ($) Stock Awards ($) Option Awards ($) Non Equity Incentive Plan Compen-sation ($) Non-qualified Deferred Compen-sation Earnings All Other Compen-sation ($) Total ($)
Janet Moore Chief Financial Officer, Treasurer & Secretary 2012 95,832 8,050 -0- 7,609 -0- -0- -0- 111,491(3) |
| 2013-09-30 |
Ms. Janet Moore has been a Director of the Company since April 29, 1997, and has been serving as the Company's Secretary and Treasurer since 1985. She has served as the Company's Chief Financial Officer since 1999 ... Janet Moore Chief Financial Officer, Treasurer & Secretary 2013 Salary ($) 99,072 Bonus ($) 7,800 Total ($) 106,872. |
| 2014-09-29 |
Ms. Janet Moore has been a Director of the Company since April 29, 1997, and has been serving as the Company's Secretary and Treasurer since 1985. She has served as the Company's Chief Financial Officer since 1999. |
| 2015-09-28 |
Janet Moore, 64, Secretary, Chief Financial Officer, Treasurer and Director. Total compensation: $134,607 in 2015. |
| 2016-09-28 |
Janet Moore 65 1997 Secretary, Chief Financial Officer, Treasurer and Director ... Janet Moore Chief Financial Officer, Treasurer & Secretary 2016 Salary ($) 102,449 Option Awards ($) 18,270 Total ($) 120,719 |
| 2017-09-28 |
Janet Moore, 66, Secretary, Chief Financial Officer, Treasurer and Director. Total compensation: $101,809 in 2017. |
| 2018-09-28 |
Janet Moore, 67, Secretary, Chief Financial Officer, Treasurer and Director. Total compensation for fiscal 2018 was $166,434. |
| 2019-09-24 |
The following table sets forth the name and current age of each nominee for director, the year he or she was first elected a director and his or her position(s) with the Company. The Company does not pay a fee to any third party to identify potential nominees. The Board has not received recommended nominees from a stockholder. | Name | Age | Director Since | Positions Held | | Janet Moore | 68 | 1997 | Secretary, Chief Financial Officer, Treasurer and Director | ... EXECUTIVE COMPENSATION SUMMARY COMPENSATION TABLE | Name and Principal Position | Year | Salary ($) | Bonus ($) | Stock Awards ($) | Option Awards ($) (4) | Non- Equity Incentive Plan Compen-sation ($) | Non-qualified Deferred Compen-sation Earnings | All Other Compen-sation ($) | Total ($) | | Janet Moore (3) Chief Financial Officer, Treasurer & Secretary | 2019 | 101,809 | -0- | -0- | 44,870 | -0- | -0- | -0- | 146,679 (3) | ... Although not prohibited by the Company's Bylaws, directors receive no cash compensation for their services as directors, but they have been, and may in the future be, granted options to purchase the Company's securities which serves as compensation for their services. The compensation of directors is subject to review and adjustment from time to time by the Board of Directors. The following table presents the compensation of Non-Employee Directors for the fiscal year ended May 31, 2019. - 10 - DIRECTOR COMPENSATION Although not prohibited by the Company's Bylaws, directors receive no cash compensation for their services as directors, but they have been, and may in the future be, granted options to purchase the Company's securities which serves as compensation for their services. The compensation of directors is subject to review and adjustment from time to time by the Board of Directors. The following table presents the compensation of Non-Employee Directors for the fiscal year ended May 31, 2019. - 10 - DIRECTOR COMPENSATION | Name | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Option Awards ($) | Non-Equity Incentive Plan Compensation ($) | Change in Pension Value and Nonqualified Deferred Compensation Earnings | All Other Compensation ($) | Total ($) | | Allen Barbieri | -0- | -0- | 61,100 | -0- | -0- | -0- | -0- | 61,100 | | Francis Cano, Ph.D | -0- | -0- | 42,770 | -0- | -0- | -0- | 42,770 | | Mark Sirgo, Pharm.D. | -0- | -0- | 42,770 | -0- | -0- | -0- | 42,770 | | Jane Emerson, M.D., Ph.D. | -0- | -0- | 42,770 | -0- | -0- | 10,000 | 52,770 | | (1) All outside directors each received a 35,000 share stock option grant in fiscal 2019 except for Allen Barbieri, who received a 50,000 share stock option grant. The options were granted at the exercise price of $2.25 per share (market value on the date of grant). The grants for 35,000 were valued at $42,770 and the option for 50,000 was valued at $61,100 using the Black-Scholes options-pricing model (which uses assumptions for expected volatility, expected dividends, expected forfeiture rate, expected term and the risk-free interest rate). |
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