date:Jul 03, 2012
to providing our initial outlook on Udis in connection with our second-quarter call on Aug. 2, 2012.
Smart Balance said it granted option awards for a total of 957,500 shares of common stock to 65 of Udis employees as an inducement to join the company in connection with the acquisition. The awards were granted under a newly adopted Smart Balance, Inc. 2012 Inducement Award Plan. The options have a 10-year term and an exercise price equal to the fair market value of company common stock on the da