newsfilter
← Latest News
Business Wire·

Millennial Media, Inc. Reports Employment Inducement Equity Grants

MM

BALTIMORE--(BUSINESS WIRE)--Millennial Media, Inc. (NYSE: MM) today announced that it has made employment inducement equity awards to 6 employees. The inducement awards consist of (i) an aggregate of 16,000 options to purchase shares of Millennial Media common stock granted to 5 new hires, (ii) 50,000 restricted stock units of Millennial Media common stock specifically negotiated in connection with the hire of another individual and (iii) 350,000 restricted stock units of Millennial Media common stock specifically negotiated in connection with the hire of another individual. The awards are being made as a material inducement to accept employment with Millennial Media.