The Honest Company Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
The Honest Company (NASDAQ: HNST) has announced an inducement grant to Etienne von Kunssberg, who joined as SVP, Supply Chain on February 24, 2025. The grant, made under the company's 2023 Inducement Plan, consists of 115,122 restricted stock units.
The grant was approved by the Compensation Committee on March 16, 2025, following Nasdaq Listing Rule 5635(c)(4). The restricted stock units will vest according to a schedule starting March 16, 2025, with 25% vesting on March 4, 2026, followed by 6.25% vesting quarterly thereafter, contingent on von Kunssberg's continued employment.
The Honest Company (NASDAQ: HNST) ha annunciato un'indennità a Etienne von Kunssberg, che è entrato come SVP, Supply Chain il 24 febbraio 2025. L'indennità, concessa nell'ambito del Piano di Indennità 2023 dell'azienda, consiste in 115.122 unità azionarie vincolate.
L'indennità è stata approvata dal Comitato per la Compensazione il 16 marzo 2025, in conformità con la Regola di Quotazione Nasdaq 5635(c)(4). Le unità azionarie vincolate matureranno secondo un programma che inizia il 16 marzo 2025, con il 25% che matura il 4 marzo 2026, seguito da il 6,25% che matura trimestralmente successivamente, a condizione che von Kunssberg continui a essere impiegato.
The Honest Company (NASDAQ: HNST) ha anunciado una concesión de inducción a Etienne von Kunssberg, quien se unió como SVP de Cadena de Suministro el 24 de febrero de 2025. La concesión, realizada bajo el Plan de Inducción 2023 de la empresa, consiste en 115,122 unidades de acciones restringidas.
La concesión fue aprobada por el Comité de Compensación el 16 de marzo de 2025, de acuerdo con la Regla de Cotización de Nasdaq 5635(c)(4). Las unidades de acciones restringidas se consolidarán según un calendario que comienza el 16 de marzo de 2025, con el 25% consolidándose el 4 de marzo de 2026, seguido de el 6,25% consolidándose trimestralmente a partir de entonces, condicionado a que von Kunssberg continúe empleado.
더 정직한 회사 (NASDAQ: HNST)는 에티엔느 본 쿤스베르크에게 유인 보상을 발표했습니다. 그는 2025년 2월 24일 공급망 부사장(SVP)으로 합류했습니다. 이 보상은 회사의 2023 유인 계획에 따라 115,122개의 제한 주식 단위로 구성됩니다.
이 보상은 2025년 3월 16일 보상 위원회에 의해 승인되었으며, 이는 나스닥 상장 규칙 5635(c)(4)에 따라 이루어졌습니다. 제한 주식 단위는 2025년 3월 16일부터 시작되는 일정에 따라 만료되며, 2026년 3월 4일에 25%가 만료됩니다, 이후 6.25%가 분기별로 만료됩니다, 이는 본 쿤스베르크가 계속 고용되어 있는 경우에 한합니다.
The Honest Company (NASDAQ: HNST) a annoncé une attribution d'incitation à Etienne von Kunssberg, qui a rejoint l'entreprise en tant que SVP, Chaîne d'approvisionnement le 24 février 2025. L'attribution, réalisée dans le cadre du Plan d'incitation 2023 de l'entreprise, se compose de 115 122 unités d'actions restreintes.
L'attribution a été approuvée par le Comité de rémunération le 16 mars 2025, conformément à la règle de cotation Nasdaq 5635(c)(4). Les unités d'actions restreintes seront acquises selon un calendrier commençant le 16 mars 2025, avec 25% acquis le 4 mars 2026, suivi de 6,25% acquis trimestriellement par la suite, sous réserve que von Kunssberg reste employé.
The Honest Company (NASDAQ: HNST) hat eine Anreizgewährung an Etienne von Kunssberg angekündigt, der am 24. Februar 2025 als SVP, Supply Chain, eingetreten ist. Die Gewährung, die im Rahmen des Unternehmensplans für Anreize 2023 erfolgt, besteht aus 115.122 beschränkten Aktieneinheiten.
Die Gewährung wurde am 16. März 2025 vom Vergütungsausschuss genehmigt, gemäß der Nasdaq-Listing-Regel 5635(c)(4). Die beschränkten Aktieneinheiten werden gemäß einem Zeitplan ab dem 16. März 2025 fällig, wobei 25% am 4. März 2026 fällig werden, gefolgt von 6,25% vierteljährlich danach, abhängig von der fortgesetzten Beschäftigung von von Kunssberg.
- Strategic hire of new SVP, Supply Chain indicates focus on operational efficiency
- Potential dilution from 115,122 new restricted stock units
LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) -- The Honest Company (NASDAQ: HNST), a personal care company dedicated to creating cleanly-formulated and sustainably-designed products, today announced that it made an inducement grant to Mr. Etienne von Kunssberg in connection with his employment as The Honest Company’s new SVP, Supply Chain, effective February 24, 2025. Such grant was made under The Honest Company, Inc. 2023 Inducement Plan, which was approved and adopted on March 14, 2023, by the Company’s Compensation Committee of the Board of Directors. The Compensation Committee granted Mr. von Kunssberg an aggregate of 115,122 restricted stock units under the 2023 Inducement Plan.
The grant was approved by the Compensation Committee on March 16, 2025, pursuant to a delegation by the Board of Directors and was issued as an equity grant pursuant to Nasdaq Listing Rule 5635(c)(4), as an inducement material to Mr. von Kunssberg entering into employment with The Honest Company. The restricted stock units granted are subject to a vesting schedule commencing on March 16, 2025, with
About The Honest Company
The Honest Company (NASDAQ: HNST) is a personal care company dedicated to creating cleanly-formulated and sustainably-designed products spanning categories across diapers, wipes, baby personal care, beauty, apparel, household care and wellness. Launched in 2012, the Company is on a mission to challenge ingredients, ideal, and industries through the power of the Honest brand, the Honest team, and the Honest Standard. For more information about the Honest Standard and the Company, please visit www.honest.com.
Media Contact:
Brenna Israel Mast
bisrael@thehonestcompany.com
Investor Inquiries:
investors@thehonestcompany.com
FAQ
How many restricted stock units did The Honest Company (HNST) grant to its new SVP of Supply Chain?
What is the vesting schedule for HNST's inducement grant to the new Supply Chain SVP?
When did Etienne von Kunssberg join The Honest Company (HNST) as SVP of Supply Chain?
Under which plan was the HNST inducement grant issued in March 2025?
