Cerence Announces Equity Grant to Employee Under Inducement Plan
Cerence Announces Equity Grant to Employee Under Inducement Plan
BURLINGTON, Mass., March 19, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (the "Company"), AI for a world in motion, today announced that, in connection with Daniel Tempesta's recent appointment as Chief Financial Officer effective March 18, 2024, the Company granted Mr. Tempesta an initial equity award with a target aggregate value of $3 million. Such award consists of 102,599 time-based restricted stock units and 102,599 performance-based restricted stock units, based on the average closing price of the Company's common stock over the trailing 20 trading days ending on the date of grant. The time-based restricted stock units will vest in three equal installments on each of October 1, 2024, October 1, 2025, and October 1, 2026, in each case subject to Mr. Tempesta's continued service with the Company through the applicable vesting date. The performance-based restricted stock units will be earned based on the Company's performance upon the completion of each of fiscal year 2024, 2025, and 2026, with one-third of the total performance-based restricted stock units eligible to be earned for each fiscal year, subject to Mr. Tempesta's continued service with the Company through such vesting date. In addition, the Company granted Mr. Tempesta a one-time sign-on equity award with a target aggregate value of $3 million, consisting of 205,198 restricted stock units based on the average closing price of the Company's common stock over the trailing 20 trading days ending on the date of grant, which vests in three equal installments on each of December 15, 2024, December 15, 2025, and December 15, 2026, subject to Mr. Tempesta's continued service with the Company through such vesting date. All of these awards were granted as an inducement material to Mr. Tempesta entering into employment with the Company pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.
馬薩諸塞州伯靈頓，2024年3月19日（GLOBE NEWSWIRE）——Cerence Inc.（納斯達克股票代碼：CRNC）（以下簡稱 “公司”），“人工智能促進動感世界”，今天宣佈，由於丹尼爾·坦佩斯塔最近被任命爲首席財務官，自2024年3月18日起生效，公司授予坦佩斯塔先生初始股權獎勵，目標總價值爲300萬美元。根據截至授予之日的過去20個交易日公司普通股的平均收盤價，該獎勵包括102,599個基於時間的限制性股票單位和102,599個基於業績的限制性股票單位。基於時間的限制性股票單位將分別於2024年10月1日、2025年10月1日和2026年10月1日分三次等額分期歸屬，每種情況都要視坦佩斯塔先生在適用的歸屬日期之前繼續在公司任職而定。基於業績的限制性股票單位將根據公司在2024、2025和2026財年結束時的業績獲得，每個財年基於業績的限制性股票單位總量的三分之一有資格獲得，但要視坦佩斯塔先生在該歸屬日期之前繼續在公司任職而定。此外，公司授予坦佩斯塔先生一次性簽約股權獎勵，目標總價值爲300萬美元，包括205,198個限制性股票單位，根據截至授予之日的過去20個交易日的公司普通股的平均收盤價，該獎勵在2024年12月15日、2025年12月15日和2026年12月15日分別等額分三期歸屬，但須視坦佩斯塔先生的持續任職而定在此歸屬日期之前與公司共享。根據納斯達克上市規則第5635（c）（4）條，所有這些獎勵都是作爲激勵Tempesta先生在公司工作的激勵材料而授予的。
To learn more about Cerence, visit , and follow the company on LinkedIn and Twitter.
要了解有關 Cerence 的更多信息，請訪問並在 LinkedIn 和 Twitter 上關注該公司。
About Cerence Inc.
Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences for the mobility world. As an innovation partner to the world's leading automakers and mobility OEMs, it is helping advance the future of connected mobility through intuitive, AI-powered interaction between humans and their vehicles, connecting consumers' digital lives to their daily journeys no matter where they are. Cerence's track record is built on more than 20 years of knowledge and 475 million cars shipped with Cerence technology. Whether it's connected cars, autonomous driving, e-vehicles, or two-wheelers, Cerence is mapping the road ahead. For more information, visit .
關於 Cerence Inc.
Cerence（納斯達克股票代碼：CRNC）是爲出行世界創造獨特的移動體驗的全球行業領導者。作爲世界領先汽車製造商和出行原始設備製造商的創新合作伙伴，它正在通過人與車輛之間基於人工智能的直觀互動，幫助推動互聯出行的未來，將消費者的數字生活與他們的日常旅程聯繫起來，無論他們身在何處。Cerence的往績建立在超過20年的知識和4.75億輛採用Cerence技術的汽車的基礎上。無論是聯網汽車、自動駕駛、電動汽車還是兩輪車，Cerence 都在規劃未來的道路。欲了解更多信息，請訪問。
Kate Hickman | Tel: 339-215-4583 | Email: kate.hickman@cerence.com
凱特·希克曼 | 電話：339-215-4583 | 電子郵件：kate.hickman@cerence.com