Richard M Haddrill, Scientific Games Corp's Executive Vice Chairman and a director of the company, just received 63,810 restricted shares from the company. The restricted shares don't become available to Haddrill until such time as they become vested. Haddrill now owns at least 63,810 restricted shares of the company.
Some additional info was provided as follows:
The restricted stock units ("RSUs") were granted pursuant to an amendment to Mr. Haddrill's employment agreement. The amendment to Mr. Haddrill's agreement was entered into, in light of the successful achievement of certain of the Company's integration and synergy-related goals that Mr. Haddrill was supporting, to reflect a shift in Mr. Haddrill's responsibilities to increase his focus on supporting th
e Company's business development efforts and special strategic projects assigned to him by the Company's CEO and the board of directors.
50% of the RSUs are scheduled to vest on December 31, 2016 and 50% of the RSUs are scheduled to vest on December 31, 2017.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Scientific Games Corp next reports earnings on November 09, 2015.
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