Dépêches
XPO Logistics Grants Inducement Equity Award
Dépèche transmise le 15 février 2012 par Business Wire
BUCHANAN, Mich.--(BUSINESS WIRE)--The Compensation Committee of the Board of Directors of XPO Logistics, Inc. (NYSE Amex: XPO) granted certain equity-based awards to John J. Hardig on February 13, 2012, as a material inducement to accept employment as the company’s chief financial officer.
Mr. Hardig’s equity-based awards consist of (1) 50,000 options that vest in five equal installments beginning on September 2, 2012 and on each anniversary thereof, with an exercise price equal to $14.09 per share, which was the closing price of the company’s common stock on the grant date, (2) 50,000 restricted stock units that vest in five equal installments on the same dates that the options vest, and (3) 85,000 restricted stock units that vest in five equal installments on the same dates that the options vest, provided that certain performance goals are satisfied.
The anticipated grant of equity-based awards and certain terms relating thereto (including the impact on outstanding awards of a termination of Mr. Hardig’s employment or a change in control of the company) were previously disclosed in a Form 8-K filed by the company on February 7, 2012 announcing the appointment of Mr. Hardig as chief financial officer.
The company’s Compensation Committee, which is comprised solely of independent directors, approved the grants pursuant to stand-alone award agreements and in accordance with Section 711 of the NYSE Amex LLC Company Guide.
About XPO Logistics, Inc.
Founded in 1989, XPO Logistics, Inc. is a non-asset-based, third-party logistics services provider that uses a network of relationships with ground, sea and air carriers to find the best transportation solutions for its customers. The company offers its services through three distinct business units: Express-1, Inc. (expedited transportation solutions); Concert Group Logistics, Inc. (domestic and international freight forwarding); and Bounce Logistics, Inc. and other premium truckload brokerage operations. XPO Logistics serves more than 4,000 retail, commercial, manufacturing and industrial customers through seven U.S. operations centers and 23 agent locations. www.xpologistics.com
- 17:03 Norse Atlantic Airways s'envole vers Las Vegas
- 16:53 easyJet a réceptionné son 400e Airbus
- 16:44 Icelandair : résultats mars 2024
- 16:31 Air France dévoile une nouvelle campagne publicitaire
- 16:03 Volotea inaugure sa liaison entre Vérone et Bordeaux
- 15:53 Ryanair célèbre ses 25 ans à l'aéroport de Biarritz
- 24/04Ibis Styles London Heathrow : l'hôtel géré par un passionné d'aviation pour les passionnés d'aviation (photos + vidéos)
- 23/04 SkyUp renouvelle son partenariat avec Wizz Air
- 23/04 Play : résultats de mars 2024
- 23/04 Les garde-côtes japonais commande trois Airbus H225 supplémentaires
- 23/04 Vueling et Make-A-Wish France signent un partenariat
- 23/04 TUI annonce ses destinations au départ de Deauville pour l'été 2024.
- 23/04 Twin Jet renforce son programme de vols sur la ligne Toulouse/Rennes
- 23/04 Norse Atlantic Airways : résultats du mois de mars 2024
- 23/04 Volotea renforce son offre entre Lille et le Maroc
- 22/04 Finnair a dévoilé son programme de vol pour les saisons hiver 2024 et été 2025
- 22/04 Qatar Airways annonce le lancement de vols à destination de Kinshasa
- 22/04 Vietnam Airlines et CAE prolongent leur accord
- 22/04 Mermoz Academy de Tours commande des Tecnam P-Mentor
- 22/04 Transavia France reçoit son 2e Airbus A320neo