CalAmp Reports Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
06 Outubro 2023 - 6:00PM
CalAmp (Nasdaq: CAMP), a connected intelligence company helping
people and organizations improve operational performance with a
data-driven solutions ecosystem, today announced that on October 5,
2023, the Human Capital Committee of CalAmp’s Board of Directors
granted inducement restricted stock unit awards covering 252,240
shares of CalAmp common stock to four new non-executive employees.
The awards were granted under CalAmp’s 2023
Employment Inducement Incentive Award Plan, which was adopted on
August 15, 2023 and provides for the granting of equity awards to
new employees of CalAmp. The restricted stock unit awards vest over
a three-year period, with one-third of the shares underlying each
award vesting on the first anniversary of the grant date, and the
remaining shares underlying each award vesting quarterly
thereafter, subject to continued service. The awards were granted
as an inducement material to the new employees entering into
employment with CalAmp, in accordance with Nasdaq Listing Rule
5635(c)(4).
About CalAmp
CalAmp (Nasdaq: CAMP) provides flexible
solutions to help organizations worldwide monitor, track and
protect their vital assets. Our unique device-enabled software and
cloud platform enables commercial and government organizations
worldwide to improve efficiency, safety, visibility and compliance
while accommodating the unique ways they do business. With over 10
million active edge devices and 275+ approved or pending patents,
CalAmp is the telematics leader organizations turn to for
innovation and dependability. For more information,
visit calamp.com, or LinkedIn,
Twitter, YouTube or CalAmp Blog.
CalAmp, LoJack, TRACKER , Here
Comes The Bus, Bus Guardian, CalAmp
Vision, CrashBoxx and associated logos are among the
trademarks of CalAmp and/or its affiliates in the United States,
certain other countries and/or the EU. Spireon acquired the LoJack®
U.S. Stolen Vehicle Recovery (SVR) business from CalAmp and holds
an exclusive license to the LoJack mark in the United States and
Canada. Any other trademarks or trade names mentioned are the
property of their respective owners.
CalAmp Media Contact: |
CalAmp Investor Contact: |
Mark Gaydos |
Logan Lucas |
mgaydos@calamp.com |
ir@calamp.com |
240.994.3027 |
434.242.1755 |
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