Synaptics Announces Inducement Grants for Dean Butler under Nasdaq Listing Rule 5635(c)(4)
October 21 2019 - 4:01PM
Synaptics® Incorporated (NASDAQ: SYNA), (the “Company”), the
leading developer of human interface solutions, today announced
that effective October 21, 2019, the Board has granted Dean Butler,
the Company’s newly-appointed Chief Financial Officer, equity
awards under the Synaptics Incorporated 2019 Inducement Equity Plan
(the “Inducement Plan”), used exclusively for the grant of equity
awards to individuals who were not previously an employee or
non-employee director of the Company (or following a bona fide
period of non-employment) as an inducement material to such
individual's entering into employment with the Company in
accordance with Nasdaq Listing Rule 5635(c)(4).
The Board has granted Dean Butler 20,517 restricted stock units
(“RSUs”) that will vest annually over four years, subject to his
continued service with the Company on such vesting dates. Other
terms of the RSU grants are as determined by the Board and set
forth in the Inducement Plan and applicable award agreements
covering each grant.
About Synaptics: Synaptics is the pioneer and
leader of human interface technology, bringing innovative and
intuitive user experiences to intelligent devices. Synaptics’ broad
portfolio of touch, display, biometrics, voice, audio, and
multimedia products is built on the company’s rich R&D,
extensive IP and dependable supply chain capabilities. With
solutions designed for mobile, PC, smart home, and automotive
industries, Synaptics combines ease of use, functionality and
aesthetics to enable products that help make our digital lives more
productive, secure and enjoyable. (NASDAQ: SYNA)
www.synaptics.com.
Join Synaptics on Twitter, LinkedIn, and Facebook, or visit
www.synaptics.com.
Synaptics, and the Synaptics logo are trademarks of Synaptics in
the United States and/or other countries. All other marks are the
property of their respective owners.
For further information, please contact: David
Hurd Synaptics +1-408-904-2766 david.hurd@synaptics.com
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