Identiv Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)
20 3월 2014 - 7:01AM
Identive Group, Inc. (Nasdaq:INVE) today announced that it has
granted 3,000,000 stock options and 500,000 restricted stock units
(RSUs) to Jason D. Hart, the company's chief executive officer.
The grants were approved by the company's board of directors on
March 13, 2014 as an inducement material to Mr. Hart's acceptance
of employment with the company and were made outside of the
company's approved stock incentive compensation plan in reliance on
NASDAQ Listing Rule 5635(c)(4).
The stock options granted to Mr. Hart have an exercise price per
share of $0.88, the closing price of the company's common stock on
the date of grant and vest over a four-year period that includes 25
percent vesting after one year with monthly vesting over the
subsequent three years. The restricted stock units will vest over a
four-year period that includes 25 percent vesting after one year
with quarterly vesting over the subsequent three years, subject to
Mr. Hart's continued service with the company. Both the stock
options and the restricted stock units are subject to accelerated
vesting in the event of a change of control of the company. Mr.
Hart's full compensation information is detailed in his employment
agreement, which is included as an exhibit to a current report on
form 8-K, filed today with the Securities and Exchange
Commission.
This press release is a required notice under NASDAQ Listing
Rule 5635(c)(4).
About Identiv
Identiv is a global security technology company that establishes
trust in the connected world, including premises, information and
everyday items. CIOs, CSOs and product departments rely upon
Identiv's Trust Solutions to reduce risk, achieve compliance and
protect brand identity. Identiv Trust Solutions are implemented
using standards-driven products and technology, such as digital
certificates, mobility and cloud services. For more information,
visit www.identiv.com.
Note: Identiv and the Identiv logo are trademarks of Identive
Group, Inc., registered in many jurisdictions worldwide. All other
company, product or service names may be trademarks or registered
trademarks of others and are the property of their respective
owners.
CONTACT: Investor Contact:
Darby Dye
949-553-4251
ddye@identiv.com
Media Contacts:
Lesley Sullivan/Joann Wardrip
MSL Group
781-684-0770
identivegroup@mslgroup.com
Innovaro (AMEX:INV)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
Innovaro (AMEX:INV)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025
Innovaro (아메리카 증권거래소)의 실시간 뉴스: 최근 기사 0
More News Articles