Noodles Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
19 Novembre 2024 - 10:05PM
Noodles & Company (NASDAQ: NDLS) (the “Company”) today
announced that its Board of Directors (the “Board”) granted an
equity award to Steve Kennedy as an equity inducement award outside
of the Company’s 2023 Stock Incentive Plan and material to Mr.
Kennedy’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. Kennedy’s appointment as
Executive Vice President, Marketing, the Company granted Mr.
Kennedy an award of 50,000 time-based RSUs. One-fourth of the RSUs
will vest on each anniversary of Mr. Kennedy’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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