Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Under Armour Inc    UA   US9043111072


News SummaryMost relevantAll newsSector news 

UNDER ARMOUR : Change in Directors or Principal Officers (form 8-K)

08/05/2014 | 04:21pm US/Eastern
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 5, 2014, Under Armour, Inc. (the "Company" or "Under Armour") issued a
press release announcing the election of George W. Bodenheimer, age 56, as
Director of the Company effective immediately. A copy of Under Armour's press
release is attached hereto as Exhibit 99.1 and is incorporated herein by
reference. The Board of Directors appointed Mr. Bodenheimer as a member of the
Compensation Committee effective September 1, 2014.
Pursuant to the Under Armour, Inc. 2013 Non-Employee Director Compensation Plan
("Director Compensation Plan"), as a new Director of the Company,
Mr. Bodenheimer will receive an initial award of restricted stock units valued
at $100,000 on the grant date and vesting in three equal annual installments.
Pursuant to the Director Compensation Plan, non-employee directors receive an
annual restricted stock unit award each year following the annual meeting of
stockholders. The Board of Directors approved a pro-rated annual award to
Mr. Bodenheimer, with the restricted stock unit award valued at $56,250 on the
grant date (pro-rated from $75,000). The grant date for the initial and annual
awards will be August 5, 2014. For a full description of the Company's director
compensation program, see the "Corporate Governance and Related
Matters-Compensation of Directors" section of the Company's Proxy Statement for
the 2014 Annual Meeting of Stockholders.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit 99.1: Under Armour, Inc. press release dated August 5, 2014 announcing
the election of George W. Bodenheimer as Director of the Company.


React to this article
Latest news on UNDER ARMOUR INC
01:01p UNDER ARMOUR : Opens Chicago's First "Brand House" Specialty Retail Store
03/04 UNDER ARMOUR : Change in Directors or Principal Officers (form 8-K)
03/04 UNDER ARMOUR : Assigned Ornamental Design Patent
03/04 UNDER ARMOUR : HTC Introduces 'Grip'
03/04 UNDER ARMOUR : Inks Memphis Depay
03/03 UNDER ARMOUR : Signs Prolific Dutch Footballer Memphis Depay; The Rising Footbal..
03/02 UNDER ARMOUR : taking on sportswear giants with help from Hollywood (#360busines..
02/26 UNDER ARMOUR : Lone Star Varsity Baseball Players to Watch
02/25 UNDER ARMOUR : Home-court advantage extends to brand of basketballs in MVC arena..
02/23 UNDER ARMOUR : After costly Sochi shutout, Brittany Bowe regains championship sp..
Dynamic quotes