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Stock impact report

Grant of Awards to New MultiPlan CEO, Travis Dalton, under NYSE Listing Rules

MultiPlan Corporation Class A (MPLN) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--As required by the rules of the New York Stock Exchange, MultiPlan Corporation (NYSE:MPLN) (“MultiPlan” or the “Company”) today announced that it has granted to Travis Dalton, the Company’s recently appointed President and Chief Executive Officer, on March 1, 2024, employment inducement awards consisting of the following: (i) 6,849,315 with such options vesting over a three-year period from March 1, 2024, in substantially equal annual installments, subject to Mr. Dalton’s continued employment; and (ii) 4,504,504 restricted stock units with such units vesting over a two-year period from March 1, 2024, in substantially equal annual installments, subject to Mr. Dalton’s continued employment. These awards were granted to Mr. Dalton pursuant to the terms of his employment agreement, which was disclosed by the Company on a Form 8-K filed with the SEC on January 4, 2024.These awards were granted outside the Plan, but except as set forth in the award agreements, Show less Read more
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