PALO ALTO, CA--(Marketwired - Oct 18, 2013) - TIBCO Software Inc. (
With respect to new employees, TIBCO granted a total of 69,944 shares of restricted stock to 61 employees under the Plan and restricted stock units representing a total of 23,833 shares of common stock to 62 employees under the Plan. All of the restricted stock and the restricted stock units vest over four years, with 50 percent of the restricted stock or restricted stock units vesting on October 15, 2015, 25 percent of the restricted stock or restricted stock units vesting on the one year anniversary thereof, and the remainder of the applicable award vesting on the two year anniversary thereof.
With respect new employees hired in connection with the acquisition, TIBCO granted a total of 38,568 shares of restricted stock to 38 employees under the Plan. All of the restricted stock vests over four years, with 25 percent of the restricted stock vesting on October 15, 2014 and 25 percent of the restricted stock vesting each year thereafter through the fourth anniversary of the grant date.
About TIBCO
TIBCO Software Inc. (
TIBCO, Two-Second Advantage and TIBCO Software are trademarks or registered trademarks of TIBCO Software Inc. in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
Contact Information:
Media Relations Contact:
Leslie Moore
TIBCO Software Inc.
(650) 846-5025
lmoore@tibco.com
Investor Relations Contact:
Giuseppe Incitti
TIBCO Software Inc.
(650) 846-5637
gincitti@tibco.com