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No conservation here…

Energy Conversion Devices (ENER) , a company whose technology is being used in the hugely popular Toyota Prius isn’t being particularly conservative when it comes to handing out options to its top executives. According to the recently filed proxy, three executives, primarily co-founders Stanford and Iris Ovshinsky, walked away with more than 85% of all stock options granted to employees last year. That doesn’t leave much left over for the company’s other 500-odd employees. As the Wall Street Journal pointed out two weeks ago, the stock has been on quite a run lately, climbing nearly 80% since the beginning of the year.