PSU Zephyrus

Edgio Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(C)(4)

Retrieved on: 
Tuesday, December 12, 2023
Software, Technology, Apps, Applications, Employment, Finance Secretary (India), RSU, FP, Product management, PSU Zephyrus, Compensated emancipation, Indian stock exchange, Security (finance), Media, Edgio, Amend

The inducement grant was approved by the Company's independent directors serving on its Compensation Committee and the Company’s Board of Directors and was made as a material inducement to each of Messrs. Black’s, Hinders’, Martello’s, Morgan’s and Graham’s acceptance of employment with Edgio in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of their employment compensation.

Key Points: 
  • The inducement grant was approved by the Company's independent directors serving on its Compensation Committee and the Company’s Board of Directors and was made as a material inducement to each of Messrs. Black’s, Hinders’, Martello’s, Morgan’s and Graham’s acceptance of employment with Edgio in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of their employment compensation.
  • The inducement grants consist of Restricted Stock Units (“RSUs”), Performance Restricted Stock Units (“PSUs”) and Stock Options, for an aggregate of [4,502,320] shares of the Company's common stock.
  • The exercise price per share applicable to the 368,499 Options granted to Mr. Martello is $0.49, the closing price of the Company’s common stock on the grant date.
  • The inducement grants are subject to the terms and conditions of the award agreements covering the RSUs, PSUs, and Stock Options and the Company's Amended and Restated 2021 Inducement Plan.

Airgain® Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, November 15, 2023
Apps, Applications, Mobile, Wireless, Technology, Carriers and Services, Telecommunications, Software, Networks, Internet, Hardware, Data Management, RSU, PSU Zephyrus, Effective date, Employment, Compensated emancipation

The awards were made on November 15, 2023 under Airgain’s 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Airgain as an inducement to join the company.

Key Points: 
  • The awards were made on November 15, 2023 under Airgain’s 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Airgain as an inducement to join the company.
  • The inducement awards to the new employee consist of an aggregate of 59,480 restricted stock units (“RSUs”), 18,783 performance-restricted stock units (PSUs) and 98,958 non-qualified options.
  • The RSUs shall vest over four years in equal annual installments according to the Company’s RSU vesting schedule, subject to the employees’ continued services with the Company.
  • The awards were approved by the Compensation Committee of Airgain’s Board of Directors, as required by Nasdaq Rule 5635(c)(4), and were granted as an inducement material to the new employees entering into employment with Airgain in accordance with Nasdaq Rule 5635(c)(4).

Electra Announces Voting Results of its 2023 Annual Meeting of Shareholders

Retrieved on: 
Wednesday, October 25, 2023
Alternative Energy, Energy, Other Energy, Utilities, Social Democrats (Slovenia), TSX Venture Exchange, 2020–2022 Chinese property sector crisis, Meeting, RSU, Policy, Motivation, Acquisition, Easement, Restatement, LTIP, Growth, Indian stock exchange, Consultant, Disposition, Culture, PSU Zephyrus

At the Meeting, shareholders also approved the 2022 amended and restated LTIP (the “2022 Amended and Restated LTIP”).

Key Points: 
  • At the Meeting, shareholders also approved the 2022 amended and restated LTIP (the “2022 Amended and Restated LTIP”).
  • Shareholders also approved a new Employee Share Purchase Plan for the Company (the “ESP Plan”).
  • The Common Shares issued to obtain the Easement will be subject to a four-month hold from the date of issue.
  • The acquisition was completed as an “Expedited Acquisition” under TSXV Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets, and remains subject to the TSXV’s final acceptance.

Fathom Digital Manufacturing Corporation Reports Inducement Equity Grant Pursuant to NYSE Rule 303A.08

Retrieved on: 
Monday, October 23, 2023
Other Manufacturing, Textiles, Steel, Packaging, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Digital, NYSE, RSU, Compensated emancipation, Form, News, Certification, Employment, PSU Zephyrus, Pharmaceutical industry, Financial adviser

Fathom Digital Manufacturing Corp. (NYSE: FATH) (“Fathom” or the “Company”), an industry leader in on-demand digital manufacturing services, today announced that it has granted to Carey Chen inducement equity awards covering an aggregate of 256,426 shares of Fathom common stock as a material inducement for Mr. Chen to accept his appointment as Chief Executive Officer of Fathom.

Key Points: 
  • Fathom Digital Manufacturing Corp. (NYSE: FATH) (“Fathom” or the “Company”), an industry leader in on-demand digital manufacturing services, today announced that it has granted to Carey Chen inducement equity awards covering an aggregate of 256,426 shares of Fathom common stock as a material inducement for Mr. Chen to accept his appointment as Chief Executive Officer of Fathom.
  • Fathom is announcing the grant of the equity awards in this news release to comply with Rule 303A.08.
  • The RSUs vest on the third anniversary of the grant date, subject to Mr. Chen’s continued service through each applicable vesting date.
  • The Company intends to file a Registration Statement on Form S-8 covering these equity awards.

Express, Inc. Awards Inducement Grant to Chief Executive Officer in Connection With Recent Appointment

Retrieved on: 
Friday, October 13, 2023
Online Retail, Retail, Fashion, Express, NYSE, Employment, PSU Zephyrus, Security (finance)

Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that, in connection with Stewart Glendinning’s recent appointment as Chief Executive Officer effective September 15, 2023, and as previously reported on a Current Report on Form 8-K filed with the SEC on September 11, 2023, the Company will grant Mr. Glendinning an award of 150,000 performance-based restricted stock units (“PSUs”).

Key Points: 
  • Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that, in connection with Stewart Glendinning’s recent appointment as Chief Executive Officer effective September 15, 2023, and as previously reported on a Current Report on Form 8-K filed with the SEC on September 11, 2023, the Company will grant Mr. Glendinning an award of 150,000 performance-based restricted stock units (“PSUs”).
  • The PSUs will be granted on October 15, 2023, and will become eligible to vest (with a maximum payout of 200% of target) on the last day of fiscal 2026 based on the Company’s stock price performance during the period between the grant date and the last day of fiscal 2026, subject to Mr. Glendinning’s continued employment with Express through the vesting date.
  • Express agreed to make this award as an inducement material to Mr. Glendinning’s acceptance of employment as Chief Executive Officer, pursuant to Section 303.08A of the New York Stock Exchange Listed Company Manual.

Transphorm’s TOLL FETs Position GaN as Optimal Devices for Power Hungry AI Applications

Retrieved on: 
Tuesday, October 10, 2023
Technology, Semiconductor, Engineering, Telecommunications, Manufacturing, Networks, Hardware, Artificial Intelligence, Consumer Electronics, Gallium nitride, JEDEC, UPSE, AI, DC, PSU Zephyrus, Bio-FET, AC, MOSFET, Data-rate units, PV, Central processing unit, Graphics processing unit, Electric motor, Transphorm

Transphorm’s TOLL package configuration is industry standard, meaning the SuperGaN TOLL FETs can be used as drop-in replacements for any e-mode TOLL solution.

Key Points: 
  • Transphorm’s TOLL package configuration is industry standard, meaning the SuperGaN TOLL FETs can be used as drop-in replacements for any e-mode TOLL solution.
  • The new devices also offer Transphorm’s proven high voltage dynamic (switching) on-resistance reliability that is generally lacking in leading foundry-based e-mode GaN offerings.
  • The three surface mount devices (SMDs) support higher power applications operating within an average range of 1 to 3 kilowatts.
  • Transphorm’s high power GaN devices are already widely supplied to leading customers who use them to power in-production high performance systems including datacenter power supplies, high power gaming PSUs, UPSes, and microinverters.

Definitive Healthcare Corp. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, September 8, 2023
Employment, RSU, Definitive, Salmon, Calendar, Certification, Moschella, Acquisition, Human resource management, Compensated emancipation, PSU Zephyrus, Populis

These awards include 137,363 PSUs (the “Moschella PSUs”) and 201,467 RSUs (the “Moschella RSUs”) granted to William Moschella, as well as 45,788 PSUs (the “Salmon PSUs”) and 73,261 RSUs (the “Salmon RSUs”) granted to Nathan Salmon, which were individually negotiated.

Key Points: 
  • These awards include 137,363 PSUs (the “Moschella PSUs”) and 201,467 RSUs (the “Moschella RSUs”) granted to William Moschella, as well as 45,788 PSUs (the “Salmon PSUs”) and 73,261 RSUs (the “Salmon RSUs”) granted to Nathan Salmon, which were individually negotiated.
  • The awards were granted as an inducement material to such individuals’ commencement of employment with Definitive Healthcare in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The awards are subject to the terms and conditions of Definitive Healthcare’s 2023 Inducement Plan (the “Plan”) and the terms and conditions of an applicable award agreement covering the grant.
  • The remaining 91,576 Moschella RSUs vest as follows: 50% of the underlying shares will vest on August 1, 2024, with the remaining shares vesting in four equal quarterly installments thereafter.

Cooler Master Unveils the GX III Gold 1050 and 1250: Power, Elegance and ATX 3.0 Support for Power Users, Enthusiasts and Gamers

Retrieved on: 
Tuesday, September 12, 2023
Graphics processing unit, Cooler Master, Noise, GX, PCI Express, Temperature, ATX, PSU, Computer, Gold, Intel, LOS, Longevity, Safety, PSU Zephyrus, Video game, Copper, Heating, ventilation, and air conditioning, Printed circuit board, Titanium, Nvidia, Platinum

LOS ANGELES, Sept. 12, 2023 /PRNewswire-PRWeb/ -- Cooler Master, a leading innovator in PC Hardware, today announced the launch of the high power GX III Gold. Available at 1050W and 1250W, these versions of the GX III Gold provide immensely high wattages along with features such as a sleek, streamlined design, a highly durable 12VHPWR cable and ATX 3.0 compatibility for supporting the most powerful graphics cards in the industry.

Key Points: 
  • Cooler Master, a prominent innovator in PC hardware, has proudly announced the launch of the high-power GX III Gold series.
  • LOS ANGELES, Sept. 12, 2023 /PRNewswire-PRWeb/ -- Cooler Master, a leading innovator in PC Hardware, today announced the launch of the high power GX III Gold.
  • Designed for power users, enthusiasts and custom builders, the GX III Gold builds on the legacy of Cooler Master's GX series.
  • Elevate your computing experience with the unmatched power and elegance of the GX III Gold series PSUs.

Cooler Master Introduces the GX II Gold - A Robust PSU for Power Users, Enthusiasts, and Custom Builders

Retrieved on: 
Tuesday, August 29, 2023
GX, Certification, Graphics processing unit, APFC, DC, LOS, PSU Zephyrus, ATX, Noise, Temperature, Gold, Cooler Master, Cassette tape, Heating, ventilation, and air conditioning

LOS ANGELES, Aug. 29, 2023 /PRNewswire-PRWeb/ -- Cooler Master has announced the GX II Gold series of power supply units (PSUs), a new line of PSUs designed for unparalleled durability, efficiency, and performance, catering to power users, enthusiasts, and custom builders.

Key Points: 
  • Cooler Master launches the GX II Gold series, a new line of PSUs designed for unparalleled durability, efficiency, and performance, catering to power users, enthusiasts, and custom builders.
  • LOS ANGELES, Aug. 29, 2023 /PRNewswire-PRWeb/ -- Cooler Master has announced the GX II Gold series of power supply units (PSUs), a new line of PSUs designed for unparalleled durability, efficiency, and performance, catering to power users, enthusiasts, and custom builders.
  • Key features for the GX II Gold includes:
    80 PLUS Gold certification: The GX II Gold is certified to achieve more than 90% efficiency at typical loads.
  • With the reliable durability, strength, and efficiency of the GX II Gold, you won't have to worry about a thing.

Transphorm at electronica India 2023: High Voltage SuperGaN Solutions Boosting Electric Vehicle Performance

Retrieved on: 
Tuesday, August 29, 2023
Sustainability, Environment, EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Automotive Manufacturing, Green Technology, Manufacturing, UFC Fight Night: Mousasi vs. Hall 2, Shodan (website), Hall, JEDEC, AEC, Gallium nitride, PSU Zephyrus, Nightclub, Electric motor, Transphorm

Transphorm, Inc. (Nasdaq: TGAN), a global leader in robust GaN power semiconductors, announced today that its electronica India displays will highlight the company’s technology leadership for next generation electric vehicle power systems.

Key Points: 
  • Transphorm, Inc. (Nasdaq: TGAN), a global leader in robust GaN power semiconductors, announced today that its electronica India displays will highlight the company’s technology leadership for next generation electric vehicle power systems.
  • Attendees can visit Transphorm at Hall 2, Booth E2D31 during the event on September 13 – 15 in the Bangalore International Exhibition Centre.
  • Highlighted demos include:
    Transphorm is the leading GaN power semiconductor company differentiated by its technology’s high manufacturability, easy designability, easy drivability, and high reliability.
  • To schedule a meeting with Transphorm during the show, please contact [email protected] or stop by the Transphorm booth Hall 2, Stall E2D31.