JDSU (NASDAQ: JDSU) (TSX: JDU) reported that, in connection with the acquisition of Network Instruments, it has issued grants of compensatory restricted stock unit awards to Network Instruments employees joining JDSU.
The restricted stock unit awards to be granted to those employees by JDSU are generally comparable to equity awards that JDSU grants to its similarly situated new employees. These grants were made under the JDS Uniphase 2005 acquisition equity incentive plan, which was approved by the board of directors of JDSU, but not submitted for the approval of the stockholders of JDSU.
These restricted stock unit awards were approved by the JDS Uniphase board of directors on January 13, 2014, with a grant date of January 15, 2014.
JDSU innovates and collaborates with customers to build and operate the highest-performing and highest-value networks in the world. The company´s website is at www.jdsu.com