Farmer Bros. Co. Names Vice President of Direct Store Delivery; Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Prior to joining the Company,
In conjunction with this appointment, the Company announced the issuance of the following restricted stock unit award consisting of a total of 9,980 shares of the Company’s common stock under the Farmer Bros. Co. 2020 Inducement Incentive Plan (the “Inducement Plan”) through an award of 9,980 restricted stock units on
The Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Farmer Brothers, as an inducement material to such individuals entering into employment with the Company, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.
About
Founded in 1912,
Headquartered in
Marketing Contact
noetzel@farmerbros.com
Investor Relations Contact
Ellipsis
Investor.relations@farmerbros.com
Source: Farmer Bros. Co.