MobileIron, Inc. (NASDAQ:MOBL) 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)Compensatory Arrangement of Certain Officers.
On April 19, 2017, the Compensation Committee of the Board of
Directors of MobileIron, Inc. (the Company) approved its 2017
Executive Bonus Plan in which the Chief Executive Officer, as
well as the Chief Financial Officer and certain other named
executive officers participate (the 2017Executive Bonus Plan).
The 2017 Executive Bonus Plan has a one year term and replaces
and supersedes the 2016 Executive Bonus Plan maintained by the
Company with respect to such individuals.
to the terms of the 2017 Executive Bonus Plan, our Chief
Executive Officer, Barry Mainz, is eligible to receive a target
bonus of $518,333; our Chief Financial Officer, Simon
Biddiscombe, and our Senior Vice President, Engineering and Chief
Software Development Officer, Daniel Fields, each are eligible to
receive a target bonus of $186,189.
The foregoing description of the Bonus Plan is qualified in its
entirety by the terms set forth in the 2017 Executive Bonus Plan
attached hereto as Exhibit 10.1.
Item 9.01.Financial Statements and Exhibits.
MobileIron, Inc. 2017 Executive Bonus Plan
About MobileIron, Inc. (NASDAQ:MOBL)
MobileIron, Inc., formerly Mobile Iron, Inc., provides a purpose-built mobile Information Technology (IT) platform for enterprises to secure and manage mobile applications, content and devices. The Company offers its customers the flexibility to use its software as a cloud service or to deploy it on premise. Its platform is composed of over three integrated and distributed software components, including a mobile IT policy server or Core that allows IT departments to define security and device management policies across mobile operating systems; software on the device or Client that carries out policies at the mobile end-point, and an in-line gateway or Sentry that secures data as it moves between the device and back-end enterprise systems. Its platform enables areas of functionality, including Mobile Device Management, Mobile Application Management, Mobile Content Management and Advanced Services. Its customers include industries, such as financial services and telecommunications. MobileIron, Inc. (NASDAQ:MOBL) Recent Trading Information
MobileIron, Inc. (NASDAQ:MOBL) closed its last trading session 00.00 at 4.50 with 360,658 shares trading hands.