Qualtrics presents Equity Awards – GuruFocus.com
PROVO, Utah and SEATTLE, August 20, 2021
PROVO, Utah and SEATTLE, August 20, 2021 / PRNewswire / – Qualtrics (NASDAQ: XM), the leader and creator of the Experience Management (XM) category, announced today that on August 19, 2021 it granted 34 Usermind employees 359,435 Restricted Stock Units (“RSUs”) that came to Qualtrics as a result of the acquisition of Usermind, Inc., which ended on. was completed July 20, 2021.
Usermind is a next generation experience orchestration platform. Their technology powers the Qualtrics XM Directory, the largest database of human sentiments, by bringing in contextual data from any source to create richer customer profiles that include every customer interaction with a brand and all of the feedback they have given over time , contain. Now companies can merge experience and contextual data with operational data such as customer demographics or sales history, analyze them and automatically take action to design trips in real time and provide personalized experiences for customers and employees at every point of contact.
The RSUs were granted as an incentive to employment under NASDAQ Listing Rule 5635 (c) (4). The RSUs vest over a period of four years, with 25% vesting on the first anniversary of the grant date and the remainder in 12 equal quarterly installments thereafter, subject to continued employment with Qualtrics or a Qualtrics affiliate. The grants are subject to the terms of the Qualtrics International Inc. Inducement Equity Plan 2021.
Qualtrics, the leader and creator of the Experience Management (XM) category, is changing the way companies manage and enhance the four core business experiences – customer, employee, product, and brand. Over 13,500 companies around the world use Qualtrics to hear, understand, and take action – the beliefs, emotions, and intentions that tell you why things happen and what to do about them. Qualtrics XM Platform ™ is a promotional system that helps businesses attract customers who stay longer and buy more, engage employees who build a positive culture, create breakthrough products that people love, and build a brand for that people burn. To learn more, please visit qualtrics.com.
Head of FP&A and Investor Relations
Chief Communications Officer
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