Share this article
Share this article
SANTA CRUZ, Calif., July 15, 2021 /PRNewswire/ Poly (NYSE: POLY) today announced that it has granted equity awards that were approved by the Leadership Development and Compensation Committee (the Committee ) of Poly s Board of Directors on June 13, 2021, as a material inducement to employment to Warren Schlichting, who was appointed Executive Vice President, Chief Operating Officer, effective as of June 14, 2021.
The awards made to Mr. Schlichting are as follows. First, an award of 28,125 restricted stock units ( RSUs ) granted on July 15, 2021 (the RSU Award Date ), which will vest in three equal annual installments commencing on the last calendar day of the month following each anniversary of the RSU Award Date in accordance with the Company s Equity Processes Policy, in each case subject to Mr. Schlichting s continued employment with the Company on each applicable vesting date. Second, an award of 65,625 performance stock unit awards
Poly Grants Chief Supply Chain Officer Grant Hoffman Inducement Awards Pursuant to NYSE Rule 303A 08 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.