Noodles Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
14 Agosto 2024 - 10:05PM
Noodles & Company (NASDAQ: NDLS) (the “Company”) today
announced that its Board of Directors (the “Board”) granted an
equity award to Scott Davis as an equity inducement award outside
of the Company’s 2023 Stock Incentive Plan and material to Mr.
Davis’s acceptance of employment with the company. The equity award
was approved by the Board, in accordance with Nasdaq Listing Rule
5635(c)(4).
In connection with Mr. Davis’s appointment as
Chief Concept Officer, the Company granted Mr. Davis an award of
94,595 time-based RSUs. One-fourth of the RSUs will vest on each
anniversary of Mr. Davis’s start date, subject to his continued
employment with the Company on such vesting dates.
About Noodles &
Company
Since 1995, Noodles & Company has
been serving guests Uncommon Goodness and noodles your way, with
noodles and flavors you know and love and new ones you’re about to
discover. From indulgent Wisconsin Mac & Cheese to
better-for-you Zoodles, Noodles serves a world of flavor in every
bowl. Made up of more than 450 restaurants and 8,000 passionate
team members, Noodles is dedicated to nourishing and inspiring
every guest who walks through the door. To learn more or find the
location nearest you, visit www.noodles.com.
Contacts:
Investor Relationsinvestorrelations@noodles.com
Danielle MoorePress@noodles.com
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