Supreme Industries Issues Stock Award To Chief Executive Officer
Supreme Industries, Inc.
(NYSE Amex: STS),
manufacturer of specialized commercial vehicles, including truck bodies,
shuttle buses and armored vehicles, today announced the issuance of
7,782 shares of its...
Supreme Industries, Inc. (NYSE Amex: STS), a leading manufacturer of specialized commercial vehicles, including truck bodies, shuttle buses and armored vehicles, today announced the issuance of 7,782 shares of its Class A Common Stock to Kim Korth, president and chief executive officer of Supreme Industries, Inc., and its wholly owned subsidiary Supreme Indiana Operations, Inc. The stock grant was made for services performed in April 2011 pursuant to the terms of Ms. Korth’s employment agreement, entered into on February 16, 2011, which provide, among other things, that Ms. Korth shall receive a monthly stock award equal to the number of whole shares that have a fair market value on the grant date equal to approximately $20,000. The Company previously disclosed entry into the employment agreement with Ms. Korth in a Current Report on Form 8-K filed with the Securities and Exchange Commission on February 22, 2011. The employment agreement was filed as an exhibit to the Current Report on Form 8-K. To be added to Supreme Industries’ e-mail distribution list, please click on the link below: http://www.clearperspectivegroup.com/clearsite/sts/emailoptin.html News releases and other information on the Company are available on the Internet at: http://www.SupremeInd.com or http://www.b2i.us/irpass.asp?BzID=1482&to=ea&s=0About Supreme Supreme Industries, Inc. (NYSE Amex: STS), is a nationwide manufacturer of specialized truck bodies produced to the specifications of its customers. Supreme also manufactures special-purpose “shuttle-type” buses and armored vehicles. The Company's transportation equipment products are used by a wide variety of industrial, commercial, law enforcement and Homeland Security customers.