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BOULDER, Colo. -- Wild Oats Markets, Inc. disclosed Friday it had created an individual equity incentive plan as an inducement for Robert Dimond, Wild Oats' s.v.p. and c.f.o. since April 28, to join the company.
According to the company, the plan reserves for issuance 100,000 shares of common stock, at a strike price of $10, vesting 25 percent on the first anniversary date of the creation of the plan, and after that on a monthly basis, over the remaining 36 months.
Wild Oats operates 111 stores in 24 states and British Columbia under such banners as Wild Oats Natural Marketplace, Henry's Farmers Market, Sun Harvest, and Capers Community Markets.