Financial Engines Updates Inducement Grant under NASDAQ Listing Rule 5635(c)(4)
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SUNNYVALE, Calif.--(BUSINESS WIRE)--Mar. 24, 2016-- The Board of Directors of Financial Engines (NASDAQ:FNGN), a leading independent investment advisor1, as previously announced on February 18, 2016, approved an inducement award as a component of employment compensation for its recently appointed executive John Bunch. The award was approved by the Board’s Compensation Committee on February 11, 2016 as an inducement material to the executive entering into employment with the Company in accordance with NASDAQ Listing Rule 5635(c)(4).

The award was granted on February 26, 2016, in the form of an option to purchase 176,264 shares of the Company’s common stock and 61,001 RSUs. This award was made outside of the Company's Amended and Restated 2009 Stock Incentive Plan (the "2009 Plan"), but will be subject to terms and conditions generally consistent with those in the 2009 Plan. Please refer to the Company’s press release dated February 18, 2016 for additional material terms of the inducement grant.

About Financial Engines

Financial Engines is America’s largest independent investment advisor1. We help people make the most of their money by providing full-service financial planning, including professional investment management and advice. Headquartered in Sunnyvale, CA, Financial Engines was co-founded in 1996 by Nobel Prize-winning economist William F. Sharpe. We serve as a comprehensive financial advisor for our workplace customers, and offer help to more than nine million people across 670 companies (including 143 of the Fortune 500). Our unique approach, combined with powerful online services, dedicated advisors and personal attention, promotes greater financial wellness and helps more Americans to meet their financial goals.

For more information, visit www.financialengines.com.

All advisory services provided by our investment advisory subsidiaries, including Financial Engines Advisors L.L.C. and a nationwide system of registered investment advisors known as The Mutual Fund Store. Financial Engines does not guarantee future results.

All information in this press release is as of the date stated or March 24, 2016 and unless required by law, Financial Engines undertakes no obligation to publicly revise any statement to reflect circumstances or events after the date of this press release or to report the occurrence of unanticipated events.

1 For independence methodology and ranking, see InvestmentNews RIA Data Center. (http://data.investmentnews.com/ria/).

Source: Financial Engines

Investor Relations:
Financial Engines
Amy Conley, 617-556-2305
aconley@financialengines.com
or
Don Duffy, 408-498-6040
ir@financialengines.com