PROVO, Utah and SEATTLE, Aug. 20,
2021 /PRNewswire/ -- Qualtrics (NASDAQ: XM), the leader
and creator of the Experience Management (XM) category, today
announced that on August 19, 2021 it
granted 359,435 restricted stock units ("RSUs") to 34 Usermind
employees who joined Qualtrics as a result of its acquisition of
Usermind, Inc., which was completed on July
20, 2021.
Usermind is a next-generation experience orchestration platform.
Their technology strengthens the Qualtrics XM Directory, the
largest human sentiment database, by bringing in contextual data
from any source to create richer customer profiles that include
every interaction a customer has with a brand and all of the
feedback they've provided over time. Now, organizations will be
able to bring experience and contextual data together with
operational data, such as customer demographics or sales history,
analyze it, and automatically take action to shape journeys in
real-time and deliver personalized experiences for customers and
employees at every touchpoint.
The RSUs were granted as inducements to employment in accordance
with NASDAQ Listing Rule 5635(c)(4). The RSUs will vest over four
years with 25% vesting on the first anniversary of the grant date
and the remainder vesting ratably thereafter in 12 equal quarterly
installments, subject to the employee's continued employment with
Qualtrics or an affiliate of Qualtrics. The grants will be subject
to the terms and conditions of the 2021 Qualtrics International
Inc. Inducement Equity Plan.
About Qualtrics
Qualtrics, the leader and creator of the Experience Management
(XM) category, is changing the way organizations manage and improve
the four core experiences of business—customer, employee, product
and brand. Over 13,500 organizations around the world use Qualtrics
to listen, understand and take action on experience data
(X-data™)—the beliefs, emotions and intentions that tell you why
things are happening, and what to do about it. The Qualtrics XM
Platform™ is a system of action that helps businesses attract
customers who stay longer and buy more, engage employees who build
a positive culture, develop breakthrough products people love and
build a brand people are passionate about. To learn more, please
visit qualtrics.com.
Investor Relations:
Steven
Wu
Head of FP&A and Investor Relations
investors@qualtrics.com
Public Relations:
Gina
Sheibley
Chief Communications Officer
press@qualtrics.com
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SOURCE Qualtrics