TASER Intl issues Clarifying Statement on Bernard Kerik's recent exercise of TASR Stock Options (TASR) 28.03: "Mr. Kerik joined the Board of Directors in May 2002 and was granted a standard board package of stock options and cash compensation for new directors. His subsequent stock option grants were similar to other outside Board members. The grant of his stock options and his stock option exercises and subsequent stock sales have complied with all SEC regulations and Nasdaq requirements," stated Phillips W. Smith Chairman of the Board of TASER Intl. "Mr. Kerik took a significant risk as a nationally renowned public figure joining the board of a small company. Along with our shareholders, employees, and other directors, Mr. Kerik has shared in our success as our revenues and share price have risen."
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