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ACXM Acxiom Holdngs (delisted)

48.48
0.00 (0.00%)
16 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Acxiom Holdngs (delisted) NASDAQ:ACXM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 48.48 48.34 51.50 0 01:00:00

Acxiom(R) Corporation Reports Inducement Grant Under Nasdaq Marketplace Rule 4350

07/02/2008 9:05pm

Business Wire


Acxiom (NASDAQ:ACXM)
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From Aug 2019 to Aug 2024

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Acxiom® Corporation (Nasdaq: ACXM) announced today that in connection with its hiring of John A. Meyer as its Chief Executive Officer and President, and as previously reported in its Current Report on Form 8-K filed January 17, 2008 with the Securities and Exchange Commission, Meyer was granted inducement awards consisting of nonqualified stock options to purchase 265,000 shares of the Company’s common stock and restricted stock units in respect of 115,000 shares of the Company’s common stock. The stock options have a per share exercise price equal to the fair market value on the date of the grant, have a 10-year term and will vest ratably over four years, 25 percent per year, beginning on the first anniversary of the grant. The restrictions on the restricted stock units granted to Meyer will lapse ratably over four years, 25 percent per year, beginning on the first anniversary of the grant. These inducement awards were granted outside of the 2005 Equity Compensation Plan of Acxiom Corporation, approved by the independent members of the Company’s board of directors and granted as an inducement material to Meyer’s employment with the Company in accordance with Nasdaq Marketplace Rule 4350(i)(1)(iv). As previously reported by the Company in its Current Report on Form 8-K filed January 17, 2008, Meyer was also granted certain equity incentive awards under the 2005 Equity Compensation Plan of Acxiom Corporation in connection with his employment, and he is to be granted certain performance share units in respect of the Company’s common stock as an inducement award no later than May 15, 2008 pursuant to his employment agreement. About Acxiom Corporation Acxiom Corporation (NASDAQ: ACXM) integrates data, services and technology to create and deliver customer and information management solutions for many of the largest, most respected companies in the world. The core components of Acxiom’s innovative solutions are Customer Data Integration (CDI) technology, data, database services, IT outsourcing, consulting and analytics, and privacy leadership. Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas, with locations throughout the United States and Europe, and in Australia, China, and Canada. For more information, visit www.acxiom.com. Acxiom is a registered trademark of Acxiom Corporation.

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