April 16, 2018

Brightcove Reports Inducement Grants to CEO Jeff Ray Under Nasdaq Listing Rule 5635(c)(4)

BOSTON–(BUSINESS WIRE)–Brightcove Inc. (Nasdaq: BCOV), the leading provider of cloud services for video, announced today that the Company entered into an employment agreement with Jeff Ray which provided for the grant of a stock option award and restricted stock award. These inducement awards were approved by the Brightcove Board of Directors and granted as an inducement equity award outside the Company’s 2013 Stock Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). Brightcove

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