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4-Traders Homepage  >  Equities  >  Nasdaq  >  Web.com Group Inc    WEB

WEB.COM GROUP INC (WEB)
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Web.com Announces Employment Equity Awards in Connection with Acquisition of Acquisio

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11/08/2017 | 11:26pm CEST

JACKSONVILLE, Fla., Nov. 08, 2017 (GLOBE NEWSWIRE) -- Web.com Group, Inc. (Nasdaq:WEB), a leading global provider of Internet services and online marketing solutions for small businesses, today announced that its Board of Directors has granted equity awards to non-executive employees in connection with the previously announced acquisition of the assets of Acquisio.

Web.com has granted inducement awards to 100 newly hired employees under the Web.com Group, Inc. 2017 Acquisio Inducement Award Plan.  The inducement awards consist of 100,500 options and 109,000 restricted share units covering an aggregate of 209,500 shares of Web.com's common stock. The awards were granted effective November 8, 2017, and the options have a 10-year term and an exercise price equal to $21.90 per share, which was the closing price of Web.com's common stock on the date of grant. The option and restricted stock awards vest over the course of four years subject to the employee’s continued service with Web.com on each vesting date.  For options, 1/48th vest monthly.  For restricted share units, 25% vest annually on each anniversary of the grant date.

About Web.com
Web.com Group, Inc. (Nasdaq:WEB) is a global provider of a full range of Internet services to small businesses to help them compete and succeed online. Web.com meets the needs of small businesses anywhere along their lifecycle with affordable, subscription-based solutions including domains, hosting, website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and eCommerce solutions. For more information, please visit www.web.com; follow Web.com on Twitter @webdotcom or on Facebook at facebook.com/web.com.
Note to Editors: Web.com is a registered trademark of Web.com Group, Inc.

Contacts
Investors:
Ira Berger
904-680-6909
[email protected] 

Media:
Brian Wright
904-371-6856
[email protected]


© GlobeNewswire 2017
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Financials ($)
Sales 2018 762 M
EBIT 2018 164 M
Net income 2018 45,0 M
Debt 2018 506 M
Yield 2018 -
P/E ratio 2018 20,74
P/E ratio 2019 18,35
EV / Sales 2018 1,85x
EV / Sales 2019 1,63x
Capitalization 906 M
Chart WEB.COM GROUP INC
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Web.com Group Inc Technical Analysis Chart | WEB | US94733A1043 | 4-Traders
Technical analysis trends WEB.COM GROUP INC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 24,4 $
Spread / Average Target 34%
EPS Revisions
Managers
NameTitle
David L. Brown Chairman, President & Chief Executive Officer
Kevin M. Carney Chief Financial Officer & Executive Vice President
Jane L. Landon Chief Technology Officer
Timothy I. Maudlin Lead Independent Non-Executive Director
Hugh M. Durden Independent Non-Executive Director
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