Capital Senior Living Corporation Grants Executive Vice President and Chief Operating Officer Brandon M. Ribar Inducement Awards Pursuant to NYSE Rule 303A.08
Capital Senior Living Corporation (CSU)
Last capital senior living corporation earnings: 11/7 05:00 am
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US:NYSE Investor Relations:
capitalsenior.com/investor-relations
Company Research
Source: GlobeNewswire
DALLAS, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Capital Senior Living Corporation (the “Company”) (NYSE: CSU), one of the nation’s largest operators of senior housing communities, today announced that on September 10, 2019 (the “Grant Date”) Brandon M. Ribar received certain equity awards pursuant to the previously-announced employment agreement between the Company and Mr. Ribar and as a material inducement to Mr. Ribar’s employment as the Company’s Executive Vice President and Chief Operating Officer. The inducement awards made to Mr. Ribar consist of the following: (i) up to 112,500 shares of performance-based restricted stock (the “Performance Shares”), the vesting of which is subject to the satisfaction of certain performance conditions related to the trading price of the Company’s common stock during the three year period following the Grant Date (consisting of 45,000 shares that vest upon achievement of the target performance objective and an additional 67,500 shares that are issu
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