Reward of the share-based incentive plan of Basware's key personnel for the vesting period 2012
Basware Corporation, stock exchange release, January 30, 2015 at 13:00
Reward of the share-based incentive plan of Basware's key personnel for the
vesting period 2012
In January 2015, Basware group's key personnel were granted a total of 7,482
shares on the basis of the incentive plan, of which 3,743 shares (in total value
of EUR 153,568.05 based on the closing price of the share EUR 41,05 on the
payment day on December 31, 2014) were transferred to the key personnel included
in the plan and EUR 153,568.05 was paid in cash to cover the withholding tax.
The reward of the share-based incentive scheme for the vesting period 2012 is
based on the sales targets of Basware Corporation. The bonus of the share-based
incentive scheme is paid two years after the end of the vesting period, and
therefore no other restrictions are associated with the ownership of the shares
The company informed about a new share-based incentive plan for the Basware
group's key personnel for 2012-2014 on February 17, 2012. Accordingly, the
company informed about updating the plan to continue until the end of 2015 on
February 15, 2013.
More information about the compensation of Basware's management is available on
the company's investor pages at www.basware.com/investors.
For more information, please contact:
Esa Tihilä, CEO, Basware Corporation
Tel. +358 40 480 7098
NASDAQ OMX Helsinki Ltd