Monotype Imaging Holdings Inc. (NASDAQ: TYPE) said that in association with its April 7, 2014 acquisition of Mark Boulton Design Ltd., it has granted equity awards as inducement awards to employees of Mark Boulton Design who are now joining Monotype.
In connection with the transaction, Monotype has awarded 2,250 shares of restricted common stock to Mark Boulton, the former chief executive officer of Mark Boulton Design who is becoming the design director of Monotype´s creative professional group; 2,000 shares of restricted common stock to Emma Boulton; and an aggregate of 6,000 shares of restricted common stock to five other employees.
Monotype is a leading global provider of typefaces, technology and expertise that enable the best user experience and ensure brand integrity. Based in Woburn, Mass., Monotype provides customers worldwide with typeface solutions for a broad range of creative applications and consumer devices. Further information is available at www.monotype.com.