Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Instagram Outage Disrupts Thousands of U.S. Users 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
SANTA CLARA, Calif., Oct. 13, 2016 -- Infoblox Inc. (NYSE:BLOX) today announced that it has granted an employment inducement award of restricted stock units covering 94,984 shares of the Company’s common stock to Bill McCarthy, who joined Infoblox as its new Executive Vice President, Worldwide Field Operations effective October 10, 2016. The number of shares subject to the restricted stock unit award was determined by dividing $2,500,000 by the closing price on the date of grant on October 11, 2016.
The shares underlying the restricted stock units vest as to 25% on October 15, 2017, with the remaining 75% to vest on a semi-annual basis over the following three years, subject to the terms of the award.
This award was granted outside of Infoblox’s 2012 Equity Incentive Plan but will generally be subject to the same terms and conditions as apply to similar awards granted under the 2012 Equity Incentive Plan. The Compensation Committee of Infoblox’s Board of Directors approved this employment inducement award in reliance on the employment inducement exception to shareholder approval provided under Section 303A.08 of the NYSE Listed Company Manual.
About Infoblox
Infoblox (NYSE:BLOX) delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. As the industry leader in DNS, DHCP, and IP address management, the category known as DDI, Infoblox (www.infoblox.com) provides control and security from the core—empowering thousands of organizations to increase efficiency and visibility, reduce risk, and improve customer experience.
Media Contact: Jill Reed or Anna Vaverka Highwire PR for Infoblox [email protected] (415) 963-4174, ext. 5 Investor Contact: Renee Lyall Infoblox [email protected] (408) 986-4748
