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RAMCO Properties Grants New CEO Brian Harper and New CFO Michael Fitzmaurice Inducement Awards Pursuant to NYSE Rule 303A.08

RPT REALTY (RPT)  More Company Research Source: GlobeNewswire
Last rpt realty earnings: 10/31 05:58 pm Check Earnings Report
US:NYSE Investor Relations: investors.rgpt.com
PDF FARMINGTON HILLS, Mich., June 15, 2018 (GLOBE NEWSWIRE) -- RAMCO (NYSE:RPT) today announced that Brian Harper, the Company’s new President, Chief Executive Officer and Trustee, has been granted certain equity awards effective June 15, 2018 and that Michael Fitzmaurice, the Company’s new Executive Vice President, Chief Financial Officer and Secretary, will be granted certain equity awards effective June 18, 2018. The awards will be made pursuant to the Company’s employment agreements with Messrs. Harper and Fitzmaurice as a material inducement to joining the Company as executive officers. The awards made to Mr. Harper are as follows: (i) 176,195 restricted common shares of beneficial interest that will vest in equal installments on the first three anniversaries of the grant date and (ii) 371,966 performance shares (at target) that will vest on March 1, 2021. The awards that will be made to Mr. Fitzmaurice will be as follows: (i) 25,571 restricted common shares of beneficial interest [Read more]

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