Financial Officer of the Company. The number of RSUs that vested under the 2015 Regular RSU Awards was determined annually, for each year in the five-year period from the date of grant.
On January 29, 2016, the Company granted an aggregate of 33,800 RSUs to Named Executives. Under these Regular RSU Awards,
Mr. Gattoni received 13,520 RSUs, and Messrs. Beacom, Kneller and Stout each received 6,760 RSUs. The Compensation Committee awarded Mr. Gattoni a larger grant in recognition of Mr. Gattonis broader responsibilities as President
and Chief Executive Officer of the Company. The number of RSUs that vest under the 2016 Regular RSU Awards is determined on the third, fourth and fifth anniversary from the date of grant.
On February 2, 2017, the Company granted an aggregate of 22,641 RSUs to Named Executives. Under these Regular RSU Awards,
Mr. Gattoni received 9,057 RSUs, and Messrs. Beacom, Kneller and Stout each received 4,528 RSUs. The Compensation Committee awarded Mr. Gattoni a larger grant in recognition of Mr. Gattonis broader responsibilities as President
and Chief Executive Officer of the Company. Similar to the 2016 Regular RSU award grant, the number of RSUs that vest under the 2017 Regular RSU Award is determined on the third, fourth and fifth anniversary from the date of grant.
On February 2, 2018, the Company granted an aggregate of 25,186 RSUs to Named Executives. Under these Regular RSU Awards,
Mr. Gattoni received 8,761 RSUs, Messrs. Beacom, Kneller and Stout each received 4,380 RSUs and Mr. Coro received 3,285 RSUs. The Compensation Committee awarded Mr. Gattoni a larger grant in recognition of Mr. Gattonis
broader responsibilities as President and Chief Executive Officer of the Company. The Compensation Committee awarded Mr. Coro a smaller grant of RSUs in light of the overall compensation package agreed to with Mr. Coro in connection with
his hiring as of May 1, 2017, which included, among other compensatory items, a cash sign-on bonus payable over two years and a significant grant of restricted stock upon his first day of employment with
the Company, as further described below. Similar to the 2016 and 2017 Regular RSU award grants, the number of RSUs that vest under the 2018 Regular RSU Award is determined on the third, fourth and fifth anniversary from the date of grant.
On February 1, 2019, the Company granted an aggregate of 27,956 RSUs to Named Executives. Under these Regular RSU Awards,
Mr. Gattoni received 9,724 RSUs, Messrs. Beacom, Kneller and Stout each received 4,862 RSUs and Mr. Coro received 3,646 RSUs. The Compensation Committee awarded Mr. Gattoni a larger grant in recognition of Mr. Gattonis
broader responsibilities as President and Chief Executive Officer of the Company. The Compensation Committee awarded Mr. Coro a smaller grant of RSUs in light of the overall compensation package agreed to with Mr. Coro in connection with
his hiring as of May 1, 2017, which included, among other compensatory items, a cash sign-on bonus payable over two years and a significant grant of restricted stock upon his first day of employment with
the Company, as further described below. Similar to the 2016, 2017 and 2018 Regular RSU award grants, the number of RSUs that vest under the 2019 Regular RSU Award is determined on the third, fourth and fifth anniversary from the date of grant.
On January 31, 2020, the Company granted an aggregate of 26,850 RSUs to Named Executives. Under these Regular RSU Awards,
Mr. Gattoni received 8,950 RSUs, and Messrs. Beacom, Coro, Kneller and Stout each received 4,475 RSUs. The Compensation Committee awarded Mr. Gattoni a larger grant in recognition of Mr. Gattonis broader responsibilities as
President and Chief Executive Officer of the Company. Similar to the 2016, 2017, 2018 and 2019 Regular RSU award grants, the number of RSUs that vest under the 2020 Regular RSU Award is determined on the third, fourth and fifth anniversary from the
date of grant.
For the Regular RSU Awards, each RSU represents the contractual right to receive up to two shares of Common Stock (subject
to adjustment as provided in the Employee Equity Plans) when the award becomes vested. For the 2016, 2017, 2018, 2019 and 2020 Regular RSU Awards, the number of RSUs that vest each year will be determined by (a) multiplying the number of RSUs
credited to the Named Executive as of the applicable vesting date by (b) the Performance Multiple derived from the chart below, and (c) subtracting therefrom the
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