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LABL > SEC Filings for LABL > Form 8-K on 31-May-2016All Recent SEC Filings

Show all filings for MULTI COLOR CORP



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 May 24, 2016, the Compensation and Organizational Development Committee (the "Committee") of the Board of Directors (the "Board") of Multi-Color Corporation (the "Company"), awarded restricted share units ("RSUs") of the Company to the following executive officers and in the following amounts (RSU amounts reflect target award levels):

Vadis Rodato - 7,354 RSUs

Sharon Birkett - 4,903 RSUs

Floyd Needham - 6,128 RSUs

David Buse - 4,903 RSUs

The awards are authorized by and are being made pursuant to the Company's 2012 Stock Incentive Plan as approved by shareholders at the Company's 2012 Annual Meeting of Shareholders.

The awards underlying the RSUs vest upon the achievement by the Company of a growth in core earnings per share goal at the end of a three year measurement period. Each executive officer listed above is eligible to receive between 0 and 150% of his or her target RSU award, based on the level of achievement of this growth in core earnings per share goal.

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