Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08
Energy Vault Holdings (NYSE: NRGV), a global energy storage company, announced on August 2, 2024, that its Compensation Committee granted restricted stock unit (RSU) awards covering 507,000 shares to 5 new non-executive employees. These grants were made under the 2022 Employment Inducement Award Plan and are compliant with NYSE Listing Rule 303A.08. The RSUs are intended to attract new talent as an inducement to employment. The units vest as follows: 25% after one year, and 6.25% after each three-month period of continuous service thereafter. The RSUs are governed by the terms of the Inducement Award Plan and associated award agreements.
Energy Vault Holdings (NYSE: NRGV), un'azienda globale di stoccaggio energetico, ha annunciato il 2 agosto 2024 che il suo Comitato di Compensazione ha concesso premi in azioni limitate (RSU) coprendo 507.000 azioni a 5 nuovi dipendenti non esecutivi. Questi premi sono stati concessi nell'ambito del 2022 Employment Inducement Award Plan e sono conformi alla Regola di Quotazione NYSE 303A.08. Le RSU sono destinate ad attrarre nuovi talenti come incentivo all'assunzione. Le unità maturano come segue: 25% dopo un anno e 6,25% dopo ogni periodo di tre mesi di servizio continuo successivo. Le RSU sono regolate dai termini del Piano di Inducimento e dagli accordi di premio associati.
Energy Vault Holdings (NYSE: NRGV), una empresa global de almacenamiento de energía, anunció el 2 de agosto de 2024 que su Comité de Compensación otorgó premios de unidades de acciones restringidas (RSU) que cubren 507.000 acciones a 5 nuevos empleados no ejecutivos. Estas concesiones se realizaron bajo el 2022 Employment Inducement Award Plan y son compatibles con la Regla de Cotización 303A.08 de NYSE. Las RSU tienen como objetivo atraer nuevo talento como un incentivo para el empleo. Las unidades se consolidan de la siguiente manera: 25% después de un año y 6.25% después de cada período de tres meses de servicio continuo posterior. Las RSU están regidas por los términos del Plan de Inducimiento y los acuerdos de premio asociados.
Energy Vault Holdings (NYSE: NRGV), 글로벌 에너지 저장 회사가 2024년 8월 2일에 보상위원회가 5명의 비임원 직원에게 507,000주에 대한 제한적 주식 단위(RSU) 수여를 결정했다고 발표했습니다. 이 수여는 2022 Employment Inducement Award Plan에 따라 이루어졌으며, NYSE 상장 규칙 303A.08을 준수합니다. RSU는 신규 인재를 모집하기 위한 유인책으로 사용됩니다. 주식 단위는 다음과 같이 될 식이며: 1년 후 25%, 이후 매 3개월의 연속 근무 기간마다 6.25%. RSU는 유인 수여 계획의 조건과 관련 상금 협약에 의해 규율됩니다.
Energy Vault Holdings (NYSE: NRGV), une entreprise mondiale de stockage d'énergie, a annoncé le 2 août 2024 que son comité de rémunération avait attribué des unités d'actions restreintes (RSU) couvrant 507 000 actions à 5 nouveaux employés non exécutifs. Ces attributions ont été faites dans le cadre du 2022 Employment Inducement Award Plan et sont conformes à la règle de cotation 303A.08 de la NYSE. Les RSU ont pour objectif d'attirer de nouveaux talents en tant qu'incitation à l'embauche. Les unités acquièrent les droits comme suit : 25 % après un an, et 6,25 % après chaque période de trois mois de service continu par la suite. Les RSU sont régies par les termes du plan de récompense d'incitation et les accords de récompense associés.
Energy Vault Holdings (NYSE: NRGV), ein globales Unternehmen für Energiespeicherung, gab am 2. August 2024 bekannt, dass sein Vergütungsausschuss beschränkt Aktieneinheiten (RSUs) in Höhe von 507.000 Aktien an 5 neue nicht-executive Mitarbeiter vergeben hat. Diese Zuwendungen erfolgten im Rahmen des 2022 Employment Inducement Award Plan und entsprechen der NYSE-Listing-Regel 303A.08. Die RSUs sollen dazu beitragen, neue Talente als Anreiz für eine Anstellung zu gewinnen. Die Einheiten werden wie folgt fällig: 25% nach einem Jahr und 6,25% nach jedem anschließenden dreimonatigen Zeitraum kontinuierlicher Dienstzeit. Die RSUs unterliegen den Bedingungen des Anreizvergabevertrags und den zugehörigen Vereinbarungen.
- Grant of RSUs to new employees can attract and retain talent, potentially enhancing operational efficiency and innovation.
- The vesting schedule encourages long-term retention, ensuring continued service from new hires.
- Potential shareholder dilution due to the issuance of 507,000 new shares.
LUGANO,
The Inducement Award Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Energy Vault, or following a bona fide period of non-employment, as an inducement material to such individuals’ entering into employment with Energy Vault, pursuant to New York Stock Exchange Listing Rule 303A.08.
The restricted stock units will each vest (subject to the employee’s continued service to Energy Vault) as to
About Energy Vault
Energy Vault develops and deploys utility-scale energy storage solutions designed to transform the world's approach to sustainable energy storage. The company's comprehensive offerings include proprietary gravity-based storage, battery storage, and green hydrogen energy storage technologies. Each storage solution is supported by the company’s hardware technology-agnostic energy management system software and integration platform. Unique to the industry, Energy Vault’s innovative technology portfolio delivers customized short-and-long-duration energy storage solutions to help utilities, independent power producers, and large industrial energy users significantly reduce levelized energy costs while maintaining power reliability. Utilizing eco-friendly materials with the ability to integrate waste materials for beneficial reuse, Energy Vault’s EVx™ gravity-based energy storage technology is facilitating the shift to a circular economy while accelerating the global clean energy transition for its customers. Please visit www.energyvault.com for more information.
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Source: Energy Vault Holdings, Inc.
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