SAN FRANCISCO, April 22, 2022–(Organization WIRE)–Splunk Inc. (NASDAQ: SPLK), the information system leader for safety and observability, today declared that on April 13, 2022 the Talent & Compensation Committee of its Board of Administrators granted limited inventory device awards masking an aggregate of 141,012 shares of Splunk’s prevalent inventory to 155 new staff underneath Splunk’s 2022 Inducement Prepare. Each award was granted as an inducement substance to the person getting to be a new employee of Splunk in accordance with The Nasdaq Inventory Industry Listing Rule 5635(c)(4).
Every restricted stock device award will vest over close to three many years, with one-3rd of the award vesting on June 10, 2023, and 1/12th of the award vesting quarterly thereafter in excess of the remaining two a long time, subject matter to continued work with Splunk by means of the relevant vesting date. Each limited stock device award is issue to the phrases and conditions of Splunk’s 2022 Inducement Strategy and the conditions and conditions of a restricted stock device award arrangement covering the award.
About Splunk Inc.
Splunk Inc. (NASDAQ: SPLK) helps corporations all over the environment convert info into undertaking. Splunk know-how is designed to examine, observe, analyze and act on info at any scale.
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