{"id":409904,"date":"2021-01-06T16:18:28","date_gmt":"2021-01-06T21:18:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409904"},"modified":"2021-01-06T16:18:28","modified_gmt":"2021-01-06T21:18:28","slug":"teradata-reports-inducement-award-pursuant-to-nyse-rule-303a-08","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/teradata-reports-inducement-award-pursuant-to-nyse-rule-303a-08\/","title":{"rendered":"Teradata Reports Inducement Award Pursuant to NYSE Rule 303A.08"},"content":{"rendered":"

<\/p>\n

Teradata Reports Inducement Award Pursuant to NYSE Rule 303A.08<\/b><\/p>\n

SAN DIEGO–(BUSINESS WIRE<\/a>)–
\nTeradata Corporation (NYSE: TDC<\/a>) today announced that the Compensation and Human Resource Committee of the Board of Directors (the Committee) has granted an equity award to new Chief Revenue Officer, Todd Cione, effective January 5, 2021. The award was granted pursuant to the company\u2019s previously-announced New Employee Stock Inducement Plan (NESIP) and as a material inducement to Mr. Cione joining Teradata as Chief Revenue Officer.\n<\/p>\n

\nThe award granted to Mr. Cione under the NESIP is a make-whole award consisting of service-based restricted share units covering 308,506 shares, which shall vest as follows: (i) 25% on the six month anniversary of the grant date, (ii) 25% on the first anniversary of the grant date, (iii) 30% on the second anniversary of the grant date, and (iv) the remaining 20% on the third anniversary of the grant date. Pursuant to the NESIP, the company may grant equity incentive compensation as a material inducement for certain individuals to commence employment with Teradata within the meaning of Rule 303A.08 of the NYSE Listed Company Manual, and, as such, the NESIP is not a stockholder-approved equity compensation plan. As an award under the NESIP, the restricted share units were granted by the Committee in reliance on the employment inducement exemption under Rule 303A.08. Teradata is issuing this press release pursuant to the requirements of that rule.\n<\/p>\n

About Teradata <\/i><\/b><\/p>\n

\nTeradata is the cloud data analytics platform company, built for a hybrid multi-cloud reality, solving the world\u2019s most complex data challenges at scale. We help businesses unlock value by turning data into their greatest asset. See how at teradata.com<\/a>.\n<\/p>\n

\nThe Teradata logo is a trademark, and Teradata is a registered trademark of Teradata Corporation and\/or its affiliates in the U.S. and worldwide.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210106005764\/en\/<\/a><\/span><\/p>\n

INVESTOR CONTACT
\n<\/b>
Christopher T. Lee
\n
858-485-2523 office
\n
Christopher.Lee@teradata.com<\/a><\/p>\n

MEDIA CONTACT
\n<\/b>
Jennifer Donahue
\n
858-485-3029 office
\n
Jennifer.Donahue@teradata.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Data Management<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Teradata Reports Inducement Award Pursuant to NYSE Rule 303A.08 SAN DIEGO–(BUSINESS WIRE)– Teradata Corporation (NYSE: TDC) today announced that the Compensation and Human Resource Committee of the Board of Directors (the Committee) has granted an equity award to new Chief Revenue Officer, Todd Cione, effective January 5, 2021. The award was granted pursuant to the company\u2019s previously-announced New Employee Stock Inducement Plan (NESIP) and as a material inducement to Mr. Cione joining Teradata as Chief Revenue Officer. The award granted to Mr. Cione under the NESIP is a make-whole award consisting of service-based restricted share units covering 308,506 shares, which shall vest as follows: (i) 25% on the six month anniversary of the grant date, (ii) 25% on the first … <\/p>\n

Continue reading “Teradata Reports Inducement Award Pursuant to NYSE Rule 303A.08”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-409904","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTeradata Reports Inducement Award Pursuant to NYSE Rule 303A.08 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/teradata-reports-inducement-award-pursuant-to-nyse-rule-303a-08\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Teradata Reports Inducement Award Pursuant to NYSE Rule 303A.08 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Teradata Reports Inducement Award Pursuant to NYSE Rule 303A.08 SAN DIEGO–(BUSINESS WIRE)– Teradata Corporation (NYSE: TDC) today announced that the Compensation and Human Resource Committee of the Board of Directors (the Committee) has granted an equity award to new Chief Revenue Officer, Todd Cione, effective January 5, 2021. The award was granted pursuant to the company\u2019s previously-announced New Employee Stock Inducement Plan (NESIP) and as a material inducement to Mr. Cione joining Teradata as Chief Revenue Officer. 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