Hemant Goel, President of Spok of USA Mobility, just received 24,096 restricted shares from the company. The restricted shares don't become available to Goel until such time as they become vested. Goel now owns at least 103,888 restricted shares of the company.
Some additional info was provided as follows:
The Restricted Stock Units governed by the Spok Holdings, Inc. 2015 Long Term Incentive Plan (the "2015 LTIP") which if not forfeited, will convert into shares of common stock if specified performance objectives of the Company set forth in the 2015 LTIP are achieved for the year ending December 31, 2019.
The Restricted Stock Units governed by the 2015 LTIP which if not forfeited will convert into shares of common stock.
The Restricted Stock Units vest in three
equal annual installments beginning December 31, 2017. Vested shares will be delivered to the reporting person upon filing of the Company's respective Form 10-K for the fiscal years ending December 31, 2017, December 31, 2018 and December 31, 2019.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following: