Grant of Options

RNS Number : 9567V

WANdisco Plc

08 November 2017

 

8 November 2017

WANdisco plc

("WANdisco" or the "Company")

LEI: 213800Y1A75RSC698O04

2013 Equity Incentive Plan

WANdisco (LSE: WAND), the leading provider of continuous availability software for global enterprises to meet the challenges of Big Data, announces the following awards of Stock Options under the Company's 2013 Equity Incentive Plan to the following director:

Director	Date of Award	Amount, class of securities and price
Erik E. Miller, CFO	7 November 2017	423,707 Stock Options (ordinary shares) of 10p each

This option was granted pursuant to the terms of Mr. Miller's employment arrangement with the Company, which included an additional grant upon completion of 1 year of service.  This option vests and becomes exercisable with respect to the first 1/3 of the shares subject to this option following 12 months of continuous employment from 24 October 2017.  Thereafter, this option vests and becomes exercisable with respect to an additional 1/36th of the shares subject to this option following the completion of each additional month of continuous employment.  The option is exercisable at a price of 839 pence each, and will convert into Ordinary Shares on exercise. The option expires on 6 November 2027.

For further information, please contact:

WANdisco plc	via Vigo Communications
David Richards, Chief Executive Officer and Interim Chairman
Erik Miller, Chief Financial Officer
Vigo Communications	[phone]
Jeremy Garcia / Fiona Henson / Antonia Pollock www.vigocomms.com
Stifel (Joint Broker and Nomad)	[phone]
Fred Walsh / Neil Shah / Ben Maddison / Rajpal Padam
Peel Hunt (Joint Broker) Edward Knight / Nick Prowting	[phone]

About WANdisco

WANdisco is the world leader in Active Data Replication™. Its patented WANdisco Fusion technology enables the replication of continuously changing data to the cloud and on-premises data centers with guaranteed consistency, no downtime and no business disruption. It also allows distributed development teams to collaborate as if they are all working in one location. WANdisco has an OEM with IBM as well as partnerships with Amazon Web Services, Cisco, Google Cloud, Hewlett Packard Enterprise, Microsoft Azure, and Oracle to resell its patented technology. WANdisco also works directly with Fortune 1000 companies around the world to ensure their data gives them the real insight they need.

For additional information, please visit www.wandisco.com.

 

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