As announced on May 13, 2015, the Board of Directors has declared a cash dividend of $0.11 per share payable to holders of record of the Company’s common stock at the close of business on June 25, 2015. The dividend will be paid on July 16, 2015.
If you are planning on exercising your stock options in order for the shares to be eligible for the dividend, they must be exercised BEFORE the ex-dividend date, June 23, 2015.
If you have been notified that you are an insider to the special or regular quarterly blackout periods (the regular quarterly blackout period begins on June 13, 2015), and plan to exercise options during either of these blackout periods, you must pay the exercise price and taxes using personal cash. You will not be permitted to sell any shares to cover these costs. You must select the “cash” method of exercise. The exercise must be completed before the ex-dividend date, June 23, 2015.
Should you have further questions, please submit an HR Service Request through Change Management (Category: Compensation, Sub Category: Stock Inquiries).
Thank you for your cooperation.
Stock Administration
As announced on May 13, 2015, the Board of Directors has declared a cash dividend of $0.11 per share payable to holders of record of the Company’s common stock at the close of business on June 25, 2015. The dividend will be paid on July 16, 2015. If you are planning on exercising your stock options in order for the shares to be eligible for the dividend, they must be exercised BEFORE the ex-dividend date, June 23, 2015. If you have been notified that you are an insider to the special or regular quarterly blackout periods (the regular quarterly blackout period begins on June 13, 2015), and plan to exercise options during either of these blackout periods, you must pay the exercise price and taxes using personal cash. You will not be permitted to sell any shares to cover these costs. You must select the “cash” method of exercise. The exercise must be completed before the ex-dividend date, June 23, 2015. Should you have further questions, please submit an HR Service Request through Change Management (Category: Compensation, Sub Category: Stock Inquiries). Thank you for your cooperation. Stock Administration
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