Evolus Inc., a performance beauty company, has announced the issuance of 12,731 restricted stock units (RSUs) of the company's common stock to five newly hired non-executive employees. This grant, approved by the company's board compensation committee under the 2023 Inducement Incentive Plan, is designed as an inducement for the new employees. The grants have a vesting schedule where 25% of the RSUs vest on each annual anniversary of the vesting commencement date, which is set for the 7th day of the month following each employee's start date. These awards are contingent upon the employees' continuous employment with Evolus on each vesting date.
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