Trading Day: Inside the SEC filings for 2.3.11 : Richmond BizSense

The company's board approved 2011 compensation terms for its top executives. Chairman and CEO Michael Szymanczyk will receive a base salary of $1.35 million, a $3.25 million cash annual incentive award and $10.75 million lump sum long-term incentive ... The Richmond-based real estate investment trust elected four new directors to its board. Each was granted 5500 option plan units in the REIT that consist of one common share and one preferred share, valued at $11 per unit. ...

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