Technology | 2010.08.25
Blue Coat Announces Employee Inducement Awards
SUNNYVALE, Calif.--(BUSINESS WIRE)--Blue Coat Systems, Inc. (Nasdaq: BCSI), the technology leader in Application Delivery Networking, today reported that on August 19, 2010, it awarded stock options covering 59,000 shares, in total, and 55,440 restricted stock units, in total, to 60 newly hired employees of the Company and its affiliates. Each option has been classified as a non-qualified stock option, has an exercise price equal to the fair market value on the grant date, has a ten year term an
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