KFX Kofax

 
TIDMKFX 
 
 

Kofax® Limited (NASDAQ:KFX)(LSE:KFX), a leading provider of smart process applications for the business critical First MileT of customer interactions, today announces that on September 4, 2014, awards over common shares with a par value of .001 each of Kofax Limited were granted under the Kofax 2012 Equity Incentive Plan (the "Plan ") to the following persons discharging managerial responsibility and in the following amounts:

 
Grantee             Position                   Number of awards 
                                               under Kofax 
                                               2012 Equity  Incentive 
                                               Plan 
Reynolds Bish       Chief Executive Officer    200,000 
James Arnold, Jr.   Chief Financial Officer    67,500 
Karl Doyle          SVP Corporate Development  75,000 
Howard Dratler      Executive Vice President   150,000 
                    Field Operations 
Anthony Macciola    Chief Technical Officer    50,000 
Jim Nicol           Executive Vice President   50,000 
                    of Products 
Bradford Weller     Executive Vice President,  50,000 
                    Legal 
Lynne Scheid        SVP of Human Resources     50,000 
 
 

Subject to the terms of the Plan, awards will be released (subject to performance conditions, based upon achievement of three year total revenue and EBITDA growth targets) on or about September 4, 2017. Provided, however, that James Arnold Jr.'s grant will be released, subject to pro-rated achievement of the same performance conditions, over the course of one year, on or about September 4, 2015.

This notification is to satisfy the Company's obligations under Disclosure Rule 3.1.4 R (1)(a) of the Disclosure and Transparency Rules.

About Kofax Limited

Kofax® Limited (NASDAQ and LSE: KFX) a leading provider of smart process applications for the business critical First MileT of customer interactions. These begin with an organization's systems of engagement, which generate real time, information intensive communications from customers, and provide an essential connection to their systems of record, which are typically large scale, rigid enterprise applications and repositories not easily adapted to more contemporary technology. Success in the First Mile can dramatically improve an organization's customer experience and greatly reduce operating costs, thus driving increased competitiveness, growth and profitability. Kofax software and solutions provide a rapid return on investment to more than 20,000 customers in banking, insurance, government, healthcare, business process outsourcing and other markets. Kofax delivers these through its own sales and service organization, and a global network of more than 800 authorized partners in more than 75 countries throughout the Americas, EMEA and Asia Pacific.

Kofax is a registered trademark and First Mile is a trademark of Kofax Limited.

Source: RNSKofax

 
 
 
This information is provided by Business Wire 
 
 

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