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PGS ASA: Implementation of Employee 2021 Long Term Incentive Plan
May 14, 2021: Oslo, Norway, PGS (or the Company ) announces that the 2021 Long Term Incentive Plan (“LTI Plan”), as approved by the Annual General Meeting on April 21, 2021, has now been implemented by allocating 5 993 000 Performance Restricted Stock Units ( PRSUs ).
The awards are based on amongst other considerations the position in the Company and a review on the individual participant s performance prior to award. Any PRSU awarded will, subject to the participant s continued employment with PGS and the Company reaching certain financial goals, be settled three years after award. The complete terms and conditions of the LTI Plan are described in the calling notice for the 2021 Annual General Meeting.
Main Street to have 2-way traffic by end of July
Lynchburg officials say Main Street in downtown will convert from one-way to two-way traffic at the end of July. Lynchburg council voted in 2019 to convert both Main and Church streets to 2-way traffic after the Main Street Renewal Project was finished, and the city released a timeline today. Before the 2-way conversion, three blocks of main street will be shut down this spring and early summer to rebuild the road and install final paving. Church Street will be converted to two-way traffic in the fall.
Here is the entire news release from the City of Lynchburg:
Published May 12, 2021
Reminder: We’ll Be “Dissecting Horror” on a New Episode with INITIATION at 6 PM (PST)
Join us for another installment of Dissecting Horror with the creatives behind INITIATION! Today at 6 PM (PST)!
Initiation. Panelists include director, co-writer, and producer
John Berardo, editor
Lindsay LaVanchy (Ellery Scott)
Initiation is now streaming on VOD.
Synopsis:
During a university’s pledge week, the carefree partying turns deadly serious when a star athlete is found impaled in his dorm. The murder ignites a spree of sinister social-media messages, sweeping the students and police into a race against time to uncover the truth behind the school’s dark secrets…and the horrifying meaning of a recurring symbol: a single exclamation mark.