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DEF 14A
STEREOTAXIS, INC. filed this Form DEF 14A on 04/10/2019
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(1) Amounts reported reflect the aggregate grant date fair value of awards granted during the year computed in accordance with ASC 718, Compensation-Stock Compensation. These awards consist of grants of incentive stock options. See Note 10 of the notes to our consolidated financial statements contained in our 2018 Annual Report on Form 10-K for a discussion of all assumptions made by us in determining the ASC 718, Compensation-Stock Compensation values of our equity awards. These amounts reflect the aggregate grant date fair value for these awards and do not correspond to the actual value that will be recognized by the Named Executive Officers.
   
(2) These amounts represent cash awards earned during the respective fiscal year under the applicable annual incentive programs, irrespective of the year in which they were actually paid.
   
(3) All Other Compensation includes the payment of group term life insurance premiums.
   
(4) David L. Fischel was appointed as Chief Executive Officer February 3, 2017. Mr. Fischel is not an employee of the Company and receives compensation only as a director.
   
(5) Kevin M. Barry was hired as Chief Legal Officer & Secretary November 5, 2018.

 

Outstanding Equity Awards At Fiscal Year-End

 

The following table discloses information regarding outstanding awards under the Company’s 2002 Stock Incentive Plan, as amended and 2012 Stock Incentive Plan, as amended, as of December 31, 2018.

 

       Option Awards  Stock Awards 

Named
Executive

Officer

  Date of Award   Number of Securities Underlying Unexercised Options (#) Exercisable  

Number of Securities Underlying Unexercised Options

(#) Unexercisable (1)

   Option Exercise Price
($)
   Option Expiration Date  Number
of
Shares
or Units
of Stock That
Have
Not
Vested (#)(2)
   Market Value of Shares
or Units
of Stock
That
Have
Not
Vested ($)(3)
 
David L. Fischel(4)   07/03/17                      30,000    32,400 
    01/02/18                      30,000    32,400 
    07/02/18                      30,000    32,400 
                                  
Martin C. Stammer   02/15/11    700         35.20   02/15/21          
    03/27/14    33,000         4.04   03/27/24          
    02/06/15    31,608    1,392    2.15   02/06/25          
    02/06/15                      4,850    5,238 
    02/09/16                      26,200    28,296 
    02/26/18         60,000    0.74   02/26/28          
                                  
Kevin M. Barry(5)   11/05/18         30,000    1.07   11/05/28          

 

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