WABCO HOLDINGS INC. (NYSE:WBC) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Special Performance-Based Restricted Stock Unit Award to Chief Financial Officer

On December 1, 2016, the Compensation, Nominating and Governance Committee of WABCO Holdings Inc. (the “Company”) approved the grant of 10,152 restricted stock units to Mr. Mahendra-Rajah, which will vest, subject to the Company achieving certain pre-determined performance goals relating to cumulative performance earnings per share over the three-year period ending on December 1, 2019.

About WABCO HOLDINGS INC. (NYSE:WBC)

WABCO Holdings Inc. is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers. The Company engineers, develops, manufactures and sells systems controlling braking, stability, suspension, transmission automation, as well transmission automation and air management systems for commercial vehicles. It sells its products to truck and bus original equipment manufacturers (OEMs); commercial vehicle aftermarket distributors for replacement parts and services and commercial vehicle fleet operators for management solutions and service; trailer OEMs, and car manufacturers. For passenger cars, including sports utility vehicles (SUVs), the Company supplies products for niche applications. The Company’s products include anti-lock braking systems (ABS), electronic braking systems (EBS), electronic stability control (ESC), brake controls, automated manual transmission systems, air disc brakes and a range of conventional mechanical products.

WABCO HOLDINGS INC. (NYSE:WBC) Recent Trading Information

WABCO HOLDINGS INC. (NYSE:WBC) closed its last trading session up +1.21 at 108.40 with 933,361 shares trading hands.