New Control4 Senior Vice President Awarded Large Stake, Says SEC Filing

Control4 granted Charlie Kindel, newly named senior vice president-products and services (see 1808020050), a larger than 10 percent stake June 1, said an SEC Form 3 filed last week. Kindel received 48,150 restricted stock units, most vesting in 2018 and '19, with some vesting into 2021, of which 17,850 are performance based. Control4 disclosed the appointment of the former Microsoft executive, who most recently headed up Alexa development for Amazon, Aug. 2. Shares closed down 1 percent Monday at $31.99.