For more information, contact:
Katharine Boyce
Acxiom Investor Relations
(501) 342-1321
investor.relations@acxiom.com
EACXM
LITTLE ROCK, Ark., August 1, 2011 — Acxiom® Corporation (Nasdaq:
ACXM), a recognized leader in marketing services and technology,
announced today that in connection with the hiring of Scott E. Howe as
its Chief Executive Officer and President, and as previously reported in
its Current Report on Form 8-K filed July 27, 2011 with the Securities
and Exchange Commission, Mr. Howe was granted inducement awards
consisting of nonqualified stock options to purchase 221,106 shares of
the Company’s common stock, restricted stock units in respect of 56,957
shares of the Company’s common stock and performance units in respect of
176,654 shares (up to 224,154 shares if the maximum performance
criteria are achieved) of the Company’s common stock. The stock options
have a per share exercise price equal to the fair market value on the
date of the grant, have a ten-year term and will vest ratably over four
years, 25% per year, beginning on the first anniversary of the grant.
The restrictions on the restricted stock units granted to Mr. Howe will
lapse ratably over four years, 25% per year, beginning on the first
anniversary of the grant. The performance units will cliff vest subject
to the terms and conditions of such awards upon the satisfaction of
performance criteria based on performance periods ending on March 31,
2014. These inducement awards were granted pursuant to the 2011
Nonqualified Equity Compensation Plan of Acxiom Corporation, approved by
the independent members of the Company’s board of directors and granted
as an inducement material to Mr. Howe’s employment with the Company in
accordance with NASDAQ Marketplace Rule 5635(c)(4).
About Acxiom
Acxiom is a recognized leader in marketing services and technology that
enable marketers to successfully manage audiences, personalize consumer
experiences and create profitable customer relationships. Our superior
industry-focused, consultative approach combines consumer data and
analytics, databases, data integration and consulting solutions for
personalized, multichannel marketing strategies. Acxiom leverages over
40 years of experience in data management to deliver high-performance,
highly secure, reliable information management services. Founded in
1969, Acxiom is headquartered in Little Rock, Arkansas, USA, and serves
clients around the world from locations in the United States, Europe,
Asia-Pacific and South America. For more information about Acxiom, visit
Acxiom.com.
Acxiom is a registered trademark of Acxiom Corporation.