RadioShack CEO Joseph C. Magnacca Receives Inducement Grants of Restricted Stock and Stock Options

  RadioShack CEO Joseph C. Magnacca Receives Inducement Grants of Restricted
                           Stock and Stock Options

PR Newswire

FORT WORTH, Texas, March 4, 2013

FORT WORTH, Texas, March 4, 2013 /PRNewswire/ --RadioShack Corp. (NYSE: RSH)
(the "Company"), announced in accordance with New York Stock Exchange rules
that it has made inducement grants of 500,000 shares of restricted stock and
options to purchase 2,500,000 shares of common stock to Joseph C. Magnacca,
its new chief executive officer. Mr. Magnacca officially joined RadioShack as
chief executive officer on February 11, 2013.

The shares of restricted stock and stock options were granted with the
approval of RadioShack's board of directors. The restricted stock will
generally vest on each of the first three anniversaries of the grant date, in
increments of one-third of the number of shares granted, provided Mr. Magnacca
is employed by the Company on such vesting date. The stock options will
generally vest as follows: (a) 375,000 will vest on the second anniversary of
the grant date, (b) 375,000 will vest on the third anniversary of the grant
date, and (c) 1,750,000 will vest if the Company's per share stock price
closes at or above $5.00 for 20 consecutive trading days at any time prior to
the expiration of the stock options. The stock options expire seven years
after the grant date. Vesting of the stock options is dependent on Mr.
Magnacca being employed by the Company on the vesting date.

ABOUT RADIOSHACK CORPORATION

RadioShack (NYSE: RSH) is a leading national retailer of innovative mobile
technology products and services, as well as products related to personal and
home technology and power supply needs. RadioShack^® offers consumers a
targeted assortment of wireless phones and other electronic products and
services from leading national brands, exclusive private brands and major
wireless carriers, all within a comfortable and convenient shopping
environment. RadioShack employs more than 34,000 knowledgeable and helpful
sales experts globally. RadioShack's retail network includes more than 4,600
company-operated stores in the United States and Mexico, 1,500 wireless phone
centers in the United States, and more than 1,000 dealer and other outlets
worldwide. For more information on RadioShack Corporation, please visit
www.radioshackcorporation.com; to purchase items online, please
visitwww.radioshack.com. RadioShack^® is a registered trademark licensed by
RadioShack Corporation.

News Media Contact:
Media Relations
(817) 415-3300
Media.Relations@RadioShack.com

SOURCE RadioShack Corporation

Website: http://www.radioshackcorporation.com
Website: http://www.radioshack.com
 
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