Vislink Technologies, Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Vislink Technologies, Inc. (VISL)
Company Research
Source: GlobeNewswire
Mt. Olive, NJ, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL) announced today that effective January 19, 2024, Michael Bond will be granted a time-based and performance-based award of 29,055 restricted stock units (“RSUs”) of the Company, outside of the Company’s existing equity compensation plans, in connection with Mr. Bond’s becoming employed as of that date as Chief Financial Officer of the Company. These RSUs were granted as an inducement grant, material to Mr. Bond becoming an employee of Vislink, and in accordance with Nasdaq Listing Rule 5635(c)(4). 9,406 of the inducement RSUs are time-based and will vest as to one-half of such time-based RSUs on each anniversary date over a period of two years. The balance of the inducement RSUs is performance-based. The performance-based RSUs will vest in three equal tranches upon the Company’s attainment of specified revenue metrics on or before December 31, 2026, subject in ea
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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