F5 Reports Inducement Grants under NASDAQ Listing Rule 5635(c)(4)
02 Maio 2023 - 5:05PM
Business Wire
F5, Inc. (NASDAQ: FFIV) announced today that on May 1, 2023, the
company issued a total of 47,904 restricted stock units (“RSUs”) to
25 employees who joined F5 as a result of the acquisition of Lilac
Cloud, Inc., completed on February 1, 2023. The RSUs were granted
as inducements to employment in accordance with NASDAQ Listing Rule
5635(c)(4). The RSUs vest 25% on February 1, 2024 with the
remaining 75% vesting quarterly through February 1, 2027, subject
to the employee’s continued service relationship with the company.
The grants will be subject to the terms and conditions of the F5,
Inc. Lilac Acquisition Equity Incentive Plan.
About F5
F5 is a multi-cloud application services and security company
committed to bringing a better digital world to life. F5 partners
with the world’s largest, most advanced organizations to secure and
optimize apps and APIs anywhere—on premises, in the cloud, or at
the edge. F5 enables organizations to provide exceptional, secure
digital experiences for their customers and continuously stay ahead
of threats. For more information, go to f5.com. (NASDAQ: FFIV)
You can also follow @F5 on Twitter or visit us on LinkedIn and
Facebook for more information about F5, its partners, and
technologies. F5 and Lilac are trademarks, service marks, or
tradenames of F5, Inc., in the U.S. and other countries. All other
product and company names herein may be trademarks of their
respective owners.
Source: F5, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20230502005988/en/
Rob Gruening Sr. Director, Corporate Communications (206)
272-6208 r.gruening@f5.com
Suzanne DuLong VP, Investor Relations (206) 272-7049
s.dulong@f5.com
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