News Releases
SAN JOSE, Calif. – October 21, 2019 – Synaptics® Incorporated (NASDAQ: SYNA), (the “Company”), the leading developer of human interface solutions, today announced that effective October 21, 2019, the Board has granted Dean Butler, the Company’s newly-appointed Chief Financial Officer, equity awards under the Synaptics Incorporated 2019 Inducement Equity Plan (the “Inducement Plan”), used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of the Company (or following a bona fide period of non-employment) as an inducement material to such individual's entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
The Board has granted Dean Butler 20,517 restricted stock units (“RSUs”) that will vest annually over four years, subject to his continued service with the Company on such vesting dates. Other terms of the RSU grants are as determined by the Board and set forth in the Inducement Plan and applicable award agreements covering each grant.
Synaptics (Nasdaq: SYNA) is leading the charge in AI at the Edge, bringing AI closer to end users and transforming how we engage with intelligent connected devices, whether at home, at work, or on the move. As the go-to partner for the world’s most forward-thinking product innovators, Synaptics powers the future with its cutting-edge Synaptics Astra™ AI-Native embedded compute, Veros™ wireless connectivity, and multimodal sensing solutions. We’re making the digital experience smarter, faster, more intuitive, secure, and seamless. From touch, display, and biometrics to AI-driven wireless connectivity, video, vision, audio, speech, and security processing, Synaptics is the force behind the next generation of technology enhancing how we live, work, and play.
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Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries. All other marks are the property of their respective owners.
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