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Grant of Options

Grant of Options.

articleCirata PlcNovember 8, 20175/company/cirata-plc/news/grant-of-options-317
Grant of Options

About this update from Cirata Plc

[{"type":"text","content":"\n \nRNS Number : 9567V WANdisco Plc 08 November 2017  \n\n8 November 2017\nWANdisco plc\n(\"WANdisco\" or the \"Company\")\nLEI: 213800Y1A75RSC698O04\n \n2013 Equity Incentive Plan\n \nWANdisco (LSE: WAND), the leading provider of continuous availability software for global enterprises to meet the challenges of Big Data, announces the following awards of Stock Options under the Company's 2013 Equity Incentive Plan to the following director:\n \n\n\n\n\nDirector\n\n\nDate of Award\n\n\nAmount, class of securities and price\n\n\n\n\nErik E. Miller, CFO\n\n\n7 November 2017\n\n\n423,707 Stock Options (ordinary shares) of 10p each\n\n\n\n\n \nThis option was granted pursuant to the terms of Mr. Miller's employment arrangement with the Company, which included an additional grant upon completion of 1 year of service.  This option vests and becomes exercisable with respect to the first 1/3 of the shares subject to this option following 12 months of continuous employment from 24 October 2017.  Thereafter, this option vests and becomes exercisable with respect to an additional 1/36th of the shares subject to this option following the completion of each additional month of continuous employment.  The option is exercisable at a price of 839 pence each, and will convert into Ordinary Shares on exercise. The option expires on 6 November 2027.\n \n \nFor further information, please contact:\n \n\n\n\n\nWANdisco plc\n\n\nvia Vigo Communications\n\n\n\n\nDavid Richards, Chief Executive Officer and Interim Chairman\n\n\n \n\n\n\n\nErik Miller, Chief Financial Officer\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\nVigo Communications\n\n\n+44 (0)207 830 9700\n\n\n\n\nJeremy Garcia / Fiona Henson / Antonia Pollock\nwww.vigocomms.com \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStifel (Joint Broker and Nomad)\n\n\n+44 (0)207 710 7600\n\n\n\n\nFred Walsh / Neil Shah / Ben Maddison / Rajpal Padam\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nPeel Hunt (Joint Broker)\nEdward Knight / Nick Prowting\n\n\n+44 (0)207 418 8900\n\n\n\n\n \nAbout WANdisco\nWANdisco is the world leader in Active Data Replication™. Its patented WANdisco Fusion technology enables the replication of continuously changing data to the cloud and on-premises data centers with guaranteed consistency, no downtime and no business disruption...

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