Splunk Announces Inducement Grants Under Listing Rule 5635(c)(4) of The Nasdaq Stock Market
May 19 2022 - 4:05PM
Business Wire
Splunk Inc. (NASDAQ: SPLK), the data platform leader for
security and observability, today announced that on May 14, 2022
the Talent & Compensation Committee of its Board of Directors
granted restricted stock unit awards covering an aggregate of
146,936 shares of Splunk’s common stock to 193 new employees under
Splunk’s 2022 Inducement Plan. Each award was granted as an
inducement material to the individual becoming a new employee of
Splunk in accordance with The Nasdaq Stock Market Listing Rule
5635(c)(4).
Each restricted stock unit award will vest over approximately
three years, with one-third of the award vesting on June 10, 2023,
and 1/12th of the award vesting quarterly thereafter over the
remaining two years, subject to continued employment with Splunk
through the relevant vesting date. Each restricted stock unit award
is subject to the terms and conditions of Splunk’s 2022 Inducement
Plan and the terms and conditions of a restricted stock unit award
agreement covering the award.
About Splunk Inc.
Splunk Inc. (NASDAQ: SPLK) helps organizations around the world
turn data into doing. Splunk technology is designed to investigate,
monitor, analyze and act on data at any scale.
Splunk, Splunk>, Data-to-Everything and Turn Data Into Doing
are trademarks and registered trademarks of Splunk Inc. in the
United States and other countries. All other brand names, product
names, or trademarks belong to their respective owners. © 2022
Splunk Inc. All rights reserved.
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Media Contact Mara Mort Splunk Inc. press@splunk.com
Investor Contact Ken Tinsley Splunk Inc.
ir@splunk.com
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