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NeoPhotonics Announces Inducement Grants under NYSE Rule 303A.08

NeoPhotonics Corporation (NPTN) 
Last neophotonics corporation earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.neophotonics.com
Company Research Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)-- NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of optoelectronic solutions for the highest speed communications networks in telecom and datacenter applications, today announced that the Compensation Committee of NeoPhotonics Board of Directors granted inducement awards to Mr. Hui Xu, in connection with his employment as Vice President of Research & Development. On May 23, 2019, NeoPhotonics Compensation Committee granted Mr. Xu a restricted stock unit award as an inducement award under the 2011 Inducement Award Plan to purchase 60,000 shares of common stock. The RSU award will be subject to a six year vesting schedule, determined by the Board of Directors as follows: 10,000 of the Restricted Stock shall vest on each year anniversary of the Vesting Commencement Date, subject to the employee’s continued service. The Compensation Committee and the Show less Read more
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