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GRPN > SEC Filings for GRPN > Form 8-K/A on 13-Dec-2013All Recent SEC Filings

Show all filings for GROUPON, INC.

Form 8-K/A for GROUPON, INC.


13-Dec-2013

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.

On January 28, 2013, Groupon approved, as part of its annual compensation review process, a grant of 1,200,000 restricted stock units (RSUs) to Kal Raman, the Company's Chief Operating Officer. The RSU award was made under the Groupon, Inc. 2011 Incentive Plan (the "2011 Plan"). It has been determined that the RSU award was in excess of the then-existing 1,000,000 share calendar year per person award limit in the 2011 Plan. Accordingly, on December 11, 2013, the Compensation Committee of the Board determined to rescind the excess 200,000 RSUs.


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