WANdisco Plc Grant of Options (9567V)
November 08 2017 - 9:18AM
UK Regulatory
TIDMWAND
RNS Number : 9567V
WANdisco Plc
08 November 2017
8 November 2017
WANdisco plc
("WANdisco" or the "Company")
LEI: 213800Y1A75RSC698O04
2013 Equity Incentive Plan
WANdisco (LSE: WAND), the leading provider of continuous
availability software for global enterprises to meet the challenges
of Big Data, announces the following awards of Stock Options under
the Company's 2013 Equity Incentive Plan to the following
director:
Director Date of Award Amount, class of securities
and price
---------------- -------------- --------------------------------
Erik E. Miller, 7 November 423,707 Stock Options (ordinary
CFO 2017 shares) of 10p each
---------------- -------------- --------------------------------
This option was granted pursuant to the terms of Mr. Miller's
employment arrangement with the Company, which included an
additional grant upon completion of 1 year of service. This option
vests and becomes exercisable with respect to the first 1/3 of the
shares subject to this option following 12 months of continuous
employment from 24 October 2017. Thereafter, this option vests and
becomes exercisable with respect to an additional 1/36th of the
shares subject to this option following the completion of each
additional month of continuous employment. The option is
exercisable at a price of 839 pence each, and will convert into
Ordinary Shares on exercise. The option expires on 6 November
2027.
For further information, please contact:
WANdisco plc via Vigo Communications
David Richards, Chief Executive
Officer and Interim Chairman
Erik Miller, Chief Financial
Officer
+44 (0)207 830
Vigo Communications 9700
Jeremy Garcia / Fiona Henson
/ Antonia Pollock
www.vigocomms.com
+44 (0)207 710
Stifel (Joint Broker and Nomad) 7600
Fred Walsh / Neil Shah / Ben
Maddison / Rajpal Padam
Peel Hunt (Joint Broker) +44 (0)207 418
Edward Knight / Nick Prowting 8900
About WANdisco
WANdisco is the world leader in Active Data Replication(TM). Its
patented WANdisco Fusion technology enables the replication of
continuously changing data to the cloud and on-premises data
centers with guaranteed consistency, no downtime and no business
disruption. It also allows distributed development teams to
collaborate as if they are all working in one location. WANdisco
has an OEM with IBM as well as partnerships with Amazon Web
Services, Cisco, Google Cloud, Hewlett Packard Enterprise,
Microsoft Azure, and Oracle to resell its patented technology.
WANdisco also works directly with Fortune 1000 companies around the
world to ensure their data gives them the real insight they
need.
For additional information, please visit www.wandisco.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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