Leap Wireless International, Inc. (NASDAQ: LEAP) issued inducement awards to two new non-executive employees. The inducement awards consist of options to purchase up to 16,125 shares of Leap common stock and deferred stock units for 9,275 shares of Leap common stock. The options have a ten year term and an exercise price equal to the fair market value of Leap common stock on the date of grant.
The awards vest in four years, with the options vesting in equal 25 percent annual increments and the deferred stock units vesting in 25 percent equal increments on the second and third anniversaries of the date of grant and 50 percent on the fourth anniversary of the date of grant.
On Jan. 8, Reuters reported that National Bank of Greece (ADR) (NYSE: NBG) and takeover target Eurobank Ergasias SA have asked authorities to delay picking a buyer for troubled state lender TT Hellenic Postbank S.A. until their transaction is complete. NBG, one of four bidders for Postbank, wants to avoid the Postbank race complicating NBG’s tender offer to Eurobank shareholders, which was launched in October before the bank expressed its interest in the state lender.
National Bank of Greece SA (the Bank) is a Greece-based financial institution. It offers a range of integrated financial services, including corporate and investment banking, retail banking (including mortgage lending), leasing, stock brokerage, asset management and venture capital, insurance, real estate and consulting services.
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