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Evolus Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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Evolus, Inc. (NASDAQ: EOLS), a performance beauty company focused on building an aesthetic portfolio of consumer brands, has reported the grant of 10,845 restricted stock units (RSUs) to 5 newly hired non-executive employees. The awards were approved by the company's compensation committee under the 2023 Inducement Incentive Plan, with a grant date of September 12, 2024, and a vesting commencement date of September 7, 2024.

The RSUs are designed to vest 25% on each annual anniversary of the vesting commencement date. These grants serve as an inducement for new employees joining Evolus, in accordance with Nasdaq Listing Rule 5635(c)(4). The awards are subject to the terms and conditions of the 2023 Inducement Incentive Plan and the RSU agreement, including continuous employment requirements on each vesting date.

Evolus, Inc. (NASDAQ: EOLS), una società di bellezza performativa focalizzata sulla costruzione di un portafoglio estetico di marchi di consumo, ha riportato la concessione di 10.845 unità di azioni restrittive (RSU) a 5 nuovi dipendenti non esecutivi. Gli assegni sono stati approvati dal comitato retributivo dell'azienda nell'ambito del Piano di Incentivazione per Induzione del 2023, con data di concessione del 12 settembre 2024 e data di inizio della vestizione del 7 settembre 2024.

Le RSU sono progettate per vestire il 25% ad ogni anniversario annuale dalla data di inizio della vestizione. Questi assegni servono come incentivo per i nuovi dipendenti che si uniscono a Evolus, in conformità con il Regolamento di Quotazione Nasdaq 5635(c)(4). I premi sono soggetti ai termini e alle condizioni del Piano di Incentivazione per Induzione del 2023 e dell'accordo RSU, inclusi i requisiti di impiego continuo in ciascuna data di vestizione.

Evolus, Inc. (NASDAQ: EOLS), una empresa de belleza de rendimiento enfocada en construir un portafolio estético de marcas de consumo, ha reportado la concesión de 10,845 unidades de acciones restringidas (RSUs) a 5 nuevos empleados no ejecutivos. Las concesiones fueron aprobadas por el comité de compensación de la empresa bajo el Plan de Incentivo por Inducción 2023, con una fecha de concesión del 12 de septiembre de 2024 y una fecha de inicio de adquisición de 7 de septiembre de 2024.

Las RSUs están diseñadas para adquirir 25% en cada aniversario anual de la fecha de inicio de adquisición. Estas concesiones sirven como un incentivo para los nuevos empleados que se unen a Evolus, de acuerdo con la Regla de Cotización Nasdaq 5635(c)(4). Los premios están sujetos a los términos y condiciones del Plan de Incentivo por Inducción 2023 y el acuerdo RSU, incluyendo los requisitos de empleo continuo en cada fecha de adquisición.

Evolus, Inc. (NASDAQ: EOLS), 소비자 브랜드의 미적 포트폴리오 구축에 중점을 둔 성과 미용 회사가 10,845개의 제한 주식 단위(RSU)5명의 신규 비상임 직원에게 수여했다고 보고했습니다. 이 상은 2023 유도 인센티브 계획에 따라 회사의 보상 위원회에서 승인되었으며, 부여 날짜는 2024년 9월 12일, 수확 시작 날짜는 2024년 9월 7일입니다.

RSU는 수확 시작 날짜의 매년 기념일에 25%씩 수확되도록 설계되었습니다. 이러한 상은 Evolus에 입사하는 신규 직원에게 인센티브로 제공되며, Nasdaq 상장 규칙 5635(c)(4)에 따라 시행됩니다. 상은 2023 유도 인센티브 계획과 RSU 계약의 조건 및 조항의 적용을 받으며, 각 수확일에는 지속적인 고용 요건이 포함됩니다.

Evolus, Inc. (NASDAQ: EOLS), une entreprise de beauté axée sur les performances et dédiée à la constitution d'un portefeuille esthétique de marques de consommation, a annoncé l'octroi de 10 845 unités d'actions restreintes (RSU) à 5 nouveaux employés non exécutifs. Les récompenses ont été approuvées par le comité de rémunération de l'entreprise dans le cadre du Plan Incitatif d'Induction 2023, avec une date d'octroi du 12 septembre 2024 et une date de début d'acquisition du 7 septembre 2024.

Les RSUs sont conçues pour être acquises à 25% à chaque anniversaire annuel de la date de début d'acquisition. Ces récompenses servent d'incitation pour les nouveaux employés rejoignant Evolus, conformément à la règle de cotation Nasdaq 5635(c)(4). Les récompenses sont soumises aux termes et conditions du Plan Incitatif d'Induction 2023 et à l'accord RSU, y compris les exigences d'emploi continu à chaque date d'acquisition.

Evolus, Inc. (NASDAQ: EOLS), ein Unternehmen für Leistungs-Beauty, das sich auf den Aufbau eines ästhetischen Portfolios von Verbrauchermarken konzentriert, hat die Gewährung von 10.845 eingeschränkten Aktieneinheiten (RSUs) an 5 neu eingestellte nicht-executive Mitarbeiter bekannt gegeben. Die Auszeichnungen wurden vom Vergütungsausschuss des Unternehmens im Rahmen des 2023 Incentive Plans genehmigt, mit einem Gewährungsdatum vom 12. September 2024 und einem Vesting-Beginn des 7. September 2024.

Die RSUs sind so konzipiert, dass sie 25% an jedem Jubiläum des Vesting-Beginns erlangt werden. Diese Zuwendungen dienen als Anreiz für neue Mitarbeiter, die zu Evolus kommen, gemäß der Nasdaq Listing Rule 5635(c)(4). Die Auszeichnungen unterliegen den Bedingungen und Konditionen des 2023 Incentive Plans und des RSU-Vereinbarungen, einschließlich der Anforderungen an eine dauerhafte Beschäftigung an jedem Vesting-Datum.

Positive
  • Evolus is attracting new talent with stock-based compensation
  • The company is utilizing its 2023 Inducement Incentive Plan to incentivize employees
Negative
  • None.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Evolus, Inc. (NASDAQ: EOLS), a performance beauty company with a focus on building an aesthetic portfolio of consumer brands, today reported the grant of an aggregate of 10,845 restricted stock units (RSUs) of the company’s common stock to 5 newly hired non-executive employees of the company. The awards were approved by the compensation committee of the company’s board of directors under the Evolus’ 2023 Inducement Incentive Plan, with a grant date of September 12, 2024, and a vesting commencement date of September 7, 2024, as an inducement material to the new employees entering into employment with Evolus in accordance with Nasdaq Listing Rule 5635(c)(4).

The RSUs vest 25% on each annual anniversary of the vesting commencement date. The awards are subject to the terms and conditions of the 2023 Inducement Incentive Plan and the terms and conditions of RSU agreement covering the grant, including requirements to remain continuously employed on each vesting date.

About Evolus, Inc.

Evolus (NASDAQ: EOLS) is a global performance beauty company evolving the aesthetic neurotoxin market for the next generation of beauty consumers through its unique, customer-centric business model and innovative digital platform. Our mission is to become a global, multi-product aesthetics company based on our flagship product, Jeuveau® (prabotulinumtoxinA-xvfs), the first and only neurotoxin dedicated exclusively to aesthetics and manufactured in a state-of-the-art facility using Hi-Pure™ technology. Evolus is expanding its product portfolio having entered into a definitive agreement to be the exclusive U.S. distributor of Evolysse™, and the exclusive distributor in Europe of Estyme®, a line of unique dermal fillers currently in late-stage development.

Visit us at www.evolus.com, and follow us on LinkedIn, X, Instagram or Facebook.

Jeuveau® and Nuceiva®, are registered trademarks and Evolysse is a trademark of Evolus, Inc.
Hi-Pure is a trademark of Daewoong Pharmaceutical Co, Ltd.
Estyme® is a trademark of Symatese Aesthetics S.A.S.

Evolus Contacts:

Investors:

Nareg Sagherian

Vice President, Head of Global Investor Relations and Corporate Communications

Tel: 248-202-9267

Email: ir@evolus.com

Media:

Email: media@evolus.com

Source: Evolus

FAQ

How many restricted stock units (RSUs) did Evolus (EOLS) grant to new employees?

Evolus (EOLS) granted an aggregate of 10,845 restricted stock units (RSUs) to 5 newly hired non-executive employees.

When is the grant date and vesting commencement date for the Evolus (EOLS) RSUs?

The grant date for the Evolus (EOLS) RSUs is September 12, 2024, with a vesting commencement date of September 7, 2024.

What is the vesting schedule for the RSUs granted by Evolus (EOLS)?

The RSUs granted by Evolus (EOLS) vest 25% on each annual anniversary of the vesting commencement date.

Under which plan were the Evolus (EOLS) RSU grants approved?

The Evolus (EOLS) RSU grants were approved under the company's 2023 Inducement Incentive Plan.

Evolus, Inc.

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