Freshworks Announces Inducement Grant under Listing Rule 5635(C)(4) of the Nasdaq Stock Market
Freshworks granted its recently appointed Chief Product and Technology Officer, Ryan Manning, a restricted stock unit award covering 1,162,790 shares of Class A common stock under the company's 2022 Inducement Plan. The grant was made as an inducement material to Manning becoming a new employee, in accordance with Nasdaq Listing Rule 5635(c)(4), and vests over approximately four years with 1/16th of the award vesting each quarter, subject to his continued employment.
Key figures
- Rsu shares
- 1162790
- Grant basis
- 2022 Inducement Plan under Nasdaq Listing Rule 5635(c)(4)
- Vesting schedule
- 1/16th of the award vests each quarter over approximately four years, subject to continued employment
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