While Tinder gathered a reputation early on as “hook-up” app, it's swiping feature has made it popular and it's used by an estimated 50 million people every day and is available in over 30 languages.
By the way, the company that owns match.com, IAC Interactive, owns a majority stake in Tinder.
Under these guidelines members of the Board of Directors may only be granted RSUs whereas members of the Executive Management may be granted RSUs or a combination of RSUs and warrants.
The guidelines were most recently amended and adopted by the Annual General Meeting in March 2017 and are now included in Genmab A/S’ Remuneration Principles which are available at the company’s website:
There are dating sites for specific age groups, religious backgrounds, hobbies, sports, and age ranges.
By using one of these specialized sites, it's easier for a person to find an die matched with others that share something in common.
Warrant grants are determined on a merit basis and upon recommendations of the Compensation Committee.There are broad-based dating sites, the most popular of which is match.com, which called itself the “leading” online dating site and according to statisticbrain.com, Match has over 23 million members.e Harmony, another popular online dating site, has over 16 million members and markets itself as the “#1 trusted dating site for like-minded singles.” Specialized dating sites exist that focus on bringing people together with specific interested and preferences.According to our Articles of Association the exercise price cannot be fixed at a lower price than the market price at the day of grant.Whereas warrants granted under the 2004 Scheme and the 2012 Scheme can be exercised from one year after the grant date, warrants granted under the 2017 Scheme can be exercised from three years after the grant date.Notwithstanding the above, the warrant holder will be entitled to keep and exercise all warrants granted regardless of termination of the employment relationship etc.in instances where we or our subsidiary terminate his/her employment relationship without the warrant holder having given us/subsidiary good reason to do so.All outstanding warrants have either been issued under the warrant scheme adopted by the Board of Directors in August 2004 (the “2004 Scheme”), the warrant scheme adopted by the Board of Directors in April 2012 (the “2012 Scheme”) or under the most recent warrant scheme adopted by the Board of Directors in March 2017 (the "2017 Scheme").Under the terms of all three warrant schemes, warrants are granted at an exercise price equal to the share price on the grant date.In aggregate, the number of warrants issued under the 2004 Scheme, the 2012 Scheme and the 2017 Scheme amounts to 9,147,654 of which 1,518,186 were still outstanding at December 31, 2017.For a more detailed description of warrants issued under the three schemes please refer to our latest Annual Report.