PalmSource decided to grant Ira Cook, the company's Vice President of Finance, an increase in compensation. From the latest SEC filling:
During the time that Mr. Cook serves in the capacity of PalmSource' principal financial officer, his annual base compensation will be $250,000 and he will be eligible for a discretionary quarterly bonus under the Company's bonus plan at the rate of up to 50% of his base quarterly compensation. In addition, Mr. Cook also received a stock option grant to purchase 40,000 shares of the Company's common stock which will vest quarterly, at the rate of 25% at the end of each fiscal quarter during which Mr. Cook continues to serve in the capacity of PalmSource' principal financial officer.
Maybe I should apply for a new job
