Represents the vesting of additional shares pursuant to a performance-based award granted on 09/16/2010.
Represents the vesting of performance-based award granted on 09/16/2010.
The number of Restricted Stock Units ("RSUs)" represents the target number of RSUs that may be earned based on the achievement of certain performance criteria. The actual number of RSUs awarded may vary between 0 and twice the target, depending on the Company's performance. The performance period will end on July 31, 2016. As soon as reasonably practicable thereafter, a determination will be made as to whether and to what extent the performance criteria has been met. If such criteria has been met, the RSUs earned will be converted to common stock and a like number of shares will be issued to the grantee.
The options will become exercisable in three equal installments beginning 1 year from the grant date of 09/09/2013.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Analogic Corporation next reports earnings on September 12, 2013.
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Other recent filings from the company include the following:
Analogic Announces Financial Results For The First Quarter Ended - Dec. 9, 2013
Statement of changes in beneficial ownership of securities - Dec. 9, 2013