MILPITAS, CA--(Marketwired - Apr 16, 2014) - JDSU (
These restricted stock unit awards were approved by the JDS Uniphase Corporation Board of Directors on April 15, 2014, with a grant date of April 15, 2014. Pursuant to such approval, JDSU awarded restricted stock units covering a total of 205,000 shares of JDSU common stock to 40 employees.
The restricted stock units contain the same terms and conditions as the standard form of restricted stock unit award agreement previously approved by the Board of Directors of JDSU. The material terms of the standard form of restricted stock unit agreement are as follows. Restricted stock units vest over a three (3) or four (4) year period in equal annual installments commencing upon the first anniversary of the grant date subject to the continuous active service of the grantee.
About JDSU
JDSU (
Contact Information:
Contacts
Investors:
Bill Ong
408-546-4521
bill.ong@jdsu.com
Press:
Noel Bilodeau
408-546-4567
noel.bilodeau@jdsu.com