BELLEVUE, Wash.,
May 28, 2019 /PRNewswire/ -- Bsquare Corporation
(NASDAQ: BSQR) today reports a grant of a non-qualified stock
option to purchase 100,000 shares of common stock under the
company's 2011 Inducement Award Plan to Mary Haggard, who joined Bsquare as its Vice
President of Strategic Partnerships effective May 20, 2019.
The option has a 10-year term and will vest 25% on the first
anniversary of the grant date with the balance vesting in equal
monthly installments for three years thereafter, subject to Ms.
Haggard's continued employment with the company, and the exercise
price is the closing price of the company's common stock on the
grant date.
The grant was approved by the company's Compensation Committee
on May 24, 2019. In accordance with
NASDAQ Listing Rule 5635(c)(4), the grant was made as an inducement
material to Ms. Haggard's entering into an employment relationship
with Bsquare.
About Bsquare
Bsquare provides a suite of software and services that allows
our customers to build and operate the next generation of
intelligent devices and systems. These devices and systems are
cloud-enabled, contribute data and distributed intelligence,
provide new ways to lower costs, and create new revenue streams. We
meet our customers where they are in their transformation with
secure, scalable edge-to-cloud solutions. Bsquare works side by
side with partners like Microsoft, Amazon, Google, and Intel to
ensure our customers are on the leading edge of technology. For 25
years, we have served our global customer base from offices in
Bellevue, Washington, the
United Kingdom and Taiwan.
For more information, visit www.bsquare.com.
BSQUARE, the BSQUARE Logo and DataV are trademarks of BSQUARE
Corporation in the U.S. and other countries. Other names and brands
herein may be trademarks of others.
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SOURCE Bsquare