Evolus, Inc., a performance beauty company based in Newport Beach, California, has announced the issuance of 12,385 restricted stock units (RSUs) to six newly hired non-executive employees as part of their 2023 Inducement Incentive Plan. The RSUs are set to vest at a rate of 25% annually, starting from the grant date of July 7, 2025. These awards, approved by the company's board's compensation committee, are designed as inducement material in alignment with Nasdaq Listing Rule 5635(c)(4). The vesting of these RSUs is contingent upon the employees' continuous employment with the company.
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