Affymetrix Reports New Employee Stock Grants
February 19 2016 - 4:15PM
Business Wire
Affymetrix (NASDAQ: AFFX) today announced that equity awards
were made to 5 new non-executive officer employees as inducement to
join Affymetrix. The equity awards were granted pursuant to NASDAQ
Marketplace Rule 5635(c)(4) under the Affymetrix, Inc. 2012
Inducement Plan, which the Board of Directors of Affymetrix adopted
for the granting of inducement equity awards to new employees.
5 employees were granted Restricted Stock Units (RSUs) to
purchase an aggregate of 7,110 shares of the Company's common
stock. The RSUs vest in equal annual installments over four
years.
About Affymetrix
Affymetrix technologies enable multiplex and simultaneous
analysis of biological systems at the cell, protein, and gene
level, facilitating the rapid translation of bench-top research
into clinical and routine use for human health and wellness. The
Company provides leadership and support, partnering with customers
in pharmaceutical, diagnostic, and biotechnology companies, as well
as leading academic, government, and non-profit research institutes
in their quest to use biology for a better world. More than 2,300
microarray systems have been shipped around the world and more than
94,000 peer-reviewed papers have been published citing Affymetrix
technologies. Affymetrix is headquartered in Santa Clara,
California, and has manufacturing facilities in Cleveland, Ohio,
San Diego, Vienna, and Singapore. The Company has about 1,100
employees worldwide and maintains sales and distribution operations
across Europe, Asia, and Latin America. For more information about
Affymetrix, please visit www.affymetrix.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160219005967/en/
Affymetrix Contacts:Media Contact:Mindy Lee-Olsen,
408-731-5523Vice President, Marketing
Servicesmindy_lee-olsen@affymetrix.comOrInvestor Contact:Doug
Farrell, 408-731-5285Vice President, Investor
Relationsdoug_farrell@affymetrix.com
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