Vislink Technologies, Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Vislink Technologies, Inc. (VISL)
Company Research
Source: GlobeNewswire
HACKETTSTOWN, NJ, Feb. 28, 2020 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (NASDAQ: VISL) announced today that on February 27, 2020 Michael Bond was granted a non-qualified stock option award to purchase a quantity of shares equal to one percent of the Company’s fully diluted outstanding shares of its common stock as of April 1, 2020 under Nasdaq Listing Rule 5635(c)(4) outside of the Company’s existing equity compensation plans, in connection with Mr. Bond’s employment by the Company as its Chief Financial Officer. These options were granted as an inducement material to Mr. Bond becoming an employee of Vislink Technologies, Inc., in accordance with Nasdaq Listing Rule 5635(c)(4). The options will have an exercise price per share equal to the closing price of the Company’s common stock on the Nasdaq Stock Market on April 1, 2020. 25% of the inducement options will vest on April 1, 2021 and the remaining 75% will vest in substantially equal monthly installments over the 36-month
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VISL
Sec Filings
- 4/3/24 - Form 10-K
- 4/1/24 - Form NT
- 4/1/24 - Form 8-K
- VISL's page on the SEC website