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Written by / Agency / Source: TIBCO Software, Inc.

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TIBCO Software Grants Equity Awards Under Its Inducement Award Plan - TIBCO Software, Inc. announced that equity awards were granted to new non-officer employees on April 17, 2013 under its Inducement Award Plan (the
TIBCO Software Grants Equity Awards Under Its Inducement Award Plan

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2013/04/19 - TIBCO Software, Inc. announced that equity awards were granted to new non-officer employees on April 17, 2013 under its Inducement Award Plan (the "Plan") (NASDAQ: TIBX) - TIBCO.com. NASDAQ: TIBX

   
 
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The Plan was originally adopted by the Board of Directors of TIBCO on April 9, 2013 in accordance with NASDAQ Marketplace Rule 5635©(4).

TIBCO granted a total of 68,464 shares of restricted stock to 69 employees under the Plan. Additionally, TIBCO granted restricted stock units representing a total of 4,878 shares of common stock to 14 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 April 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.

About TIBCO

TIBCO Software, Inc. (tibco.com) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's optimizing claims, processing trades, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage® the ability to capture the right information at the right time and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes and applications in real time.

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.

 
 
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Written by / Agency / Source: TIBCO Software, Inc.

 
 

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TIBCO Software Grants Equity Awards Under Its Inducement Award Plan

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TIBCO Software, Inc. |
Publisher Contact: Leslie Moore / Giuseppe Incitti - TIBCO.com 
650-846-5025 / 650-846-5637 lmoore[.]tibco.com / gincitti[.]tibco.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TIBCO Software, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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