BROADRIDGE FINANCIAL SOLUTIONS, INC. (NYSE:BR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) On February 11, 2019, the Compensation Committee of the Board of Directors of Broadridge Financial Solutions, Inc. (the “Company”) granted a restricted stock unit award to Christopher J. Perry, the Company’s Corporate Senior Vice President, Global Sales, Marketing and Client Solutions (the “Special Grant”). The Special Grant was made to the Company’s 2018 Omnibus Award Plan.
Under the Special Grant, Mr. Perry was awarded restricted stock units with a grant value of $1,000,000, which will vest on the first anniversary of the grant date, subject to his continued employment through such date. All other terms of the Special Grant are consistent with the standard terms and conditions of the Company’s restricted stock unit awards for corporate officers.
About BROADRIDGE FINANCIAL SOLUTIONS, INC. (NYSE:BR)
Broadridge Financial Solutions, Inc. (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. The Company’s segments include Investor Communication Solutions, and Global Technology and Operations. The Company offers Bank/Broker-Dealer Investor Communication Solutions, Customer Communication Solutions, Corporate Issuer Solutions, Advisor Solutions and Mutual Fund and Retirement Solutions through Investor Communication Solutions segment. The Company offers a middle- and back-office securities processing platform for North American and global broker-dealers. Its services include investor and customer communications, securities processing, and data and analytics solutions. The Company delivers a range of solutions that helps its clients serve their retail and institutional customers across the entire investment lifecycle, including pre-trade, trade, and post-trade processing functionality.