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UPLAND SOFTWARE, INC. (NASDAQ:UPLD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

UPLAND SOFTWARE, INC. (NASDAQ:UPLD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Compensatory Arrangements of Certain Officers

On March 6, 2017, the Compensation Committee of the Board of Directors of Upland Software, Inc. (the “Company”), after consultation with an external executive compensation firm, and in recognition of the Company’s performance during 2016, approved an increase of $85,000 resulting in a total annual base salary of $325,000 for Mr. John T. McDonald, an increase of $85,000 resulting in a total annual base salary of $325,000 for Mr. Timothy Mattox, and an increase of $70,000 resulting in a total annual base salary of $270,000 for Mr. Michael D. Hill. The increases are effective as of January 1, 2017.
About UPLAND SOFTWARE, INC. (NASDAQ:UPLD)
Upland Software Inc. is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations. Its software applications serve a range of enterprise work management needs, from strategic planning to task execution. It services customers ranging from corporations and Government agencies to small- and medium-sized businesses. Its customers operate in a range of industries, including financial services, retail, technology, manufacturing, education, consumer goods, media, and telecommunications, Government, food and beverage, healthcare and life sciences, chemicals and travel and hospitality. The Company provides a family of cloud-based enterprise work management software applications under the Upland brand. UPLAND SOFTWARE, INC. (NASDAQ:UPLD) Recent Trading Information
UPLAND SOFTWARE, INC. (NASDAQ:UPLD) closed its last trading session down -0.02 at 12.04 with 28,679 shares trading hands.
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