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UBNT > SEC Filings for UBNT > Form 8-K on 16-Nov-2012All Recent SEC Filings

Show all filings for UBIQUITI NETWORKS, INC.



Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On November 12, 2012, the Compensation Committee of the Board of Directors of Ubiquiti Networks, Inc. (the "Company") granted Jessica Zhou, Vice President of Legal Affairs and General Counsel, an option to purchase 100,000 shares of the Company's common stock at an exercise price of $10.77 per share, which is the closing price of the Company's common stock on November 12, 2012, pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan. Twenty-five percent of the shares subject to the option shall vest on the first anniversary of October 25, 2012 (the "Vesting Commencement Date") and 1/48th of the total shares subject to the grant shall vest each month thereafter, so that 100% of the shares shall be vested on the fourth anniversary of the Vesting Commencement Date.

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