SGH Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
The awards have been granted to
The RSUs will vest over four years, with 25% vesting on
The PSUs will vest, if at all, based on SGH’s total shareholder return (“TSR”) relative to the performance of the median company in the Russell 2000 Index following the end of a three-year performance period, subject to Mr. Manca’s continued employment through the date of the Committee’s certification that SGH’s TSR equals or exceeds the applicable threshold level of performance. The number of shares that may be earned under the PSUs ranges from 0% of target to 200% of target.
Other terms of the awards are set forth in the 2021 Inducement Plan and the applicable award agreements covering such awards.
About
At SGH, we design, build, deploy, and manage high-performance, high-availability enterprise solutions that help our customers solve for the future. Across our computing, memory, and LED lines of business, we focus on serving our customers by providing deep technical knowledge and expertise, custom design engineering, build-to-order flexibility, and a commitment to best-in-class quality.
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Investor Contact:
Investor Relations
+1-510-360-8596
ir@sghcorp.com
PR Contact:
Maureen O’Leary
Director, Communications
+1-602-330-6846
pr@sghcorp.com
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