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DIGAD > SEC Filings for DIGAD > Form 8-K on 14-Mar-2008All Recent SEC Filings

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Form 8-K for APPLIED DIGITAL SOLUTIONS INC


14-Mar-2008

Other Events


Item 8.01 Other Events.

To exhibit his confidence in the Company and its future, Joseph J. Grillo, the President and Chief Executive Officer of Applied Digital Solutions, Inc. d/b/a Digital Angel (the "Company") has agreed to accept the balance of his salary for 2008, after customary withholdings, in unrestricted shares of common stock of the Company. The calculations will be based on the closing price of a share of common stock of the Company on March 20, 2008. The shares of common stock will be granted from the Amended and Restated Digital Angel Corporation Transition Stock Option Plan.


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