Skip to main content Announces Employment Equity Awards in Connection with Acquisition of Acquisio

November 8, 2017

JACKSONVILLE, Fla., Nov. 08, 2017 (GLOBE NEWSWIRE) -- 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. has granted inducement awards to 100 newly hired employees under the 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'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'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 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 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. 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; follow on Twitter @webdotcom or on Facebook at
Note to Editors: is a registered trademark of Group, Inc.

Ira Berger

Brian Wright

Source: Group, Inc.