Operator
Good day and thank you for standing by. Welcome to the SGH Third Quarter Fiscal 2021 Earnings Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Suzanne Schmidt with Investor Relations. Please go ahead.
Suzanne Schmidt
Investor Relations
Thank you, operator. Good afternoon and thank you for joining us on today s earnings conference call to discuss SMART Global Holdings third quarter fiscal 2021 results. On the call with me today are Mark Adams, Chief Executive Officer; Jack Pacheco, Chief Operating Officer; and Ken Rizvi, Chief Financial Officer.
This call is being webcast from our website at smartgh.com. In addition, our website contains an accompanying slide presentation and the earnings press release. We encourage you to go to our website throughout the quarter for the most current information on the Company, including information on the various financial conferences we will be attending.
SMART Global Holdings, Inc (SGH) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
2 months ago
NEWARK, Calif.–(BUSINESS WIRE)–$SGH#CFO SMART Global Holdings, Inc. (“SMART” or the “Company”) (NASDAQ: SGH), today announced the grant of inducement awards to the Company’s new Chief Financial Officer, Ken Rizvi, in connection with his commencement of employment with the Company on February 15, 2021. The independent Compensation Committee of the Board of Directors of SMART approved the grant to Mr. Rizvi, as of February 15, 2021, of time-based restricted share units with respect to 49,857 ordinary shares of SGH (the “RSUs”), performance-based restricted share units with a 150% stock price appreciation condition with respect to 4,985 ordinary shares of SGH (the “1.5x PRSUs”), and performance-based restricted share units with a 200% stock price appreciation condition with respect to 4,985 ordinary shares of SGH (the “2.0x PRSUs”).