{"id":18672,"date":"2024-11-15T21:33:43","date_gmt":"2024-11-15T21:33:43","guid":{"rendered":"https:\/\/wordpress-1147733-4643473.cloudwaysapps.com\/news\/stagwell-inc-stgw-reports-equity-inducement-grants-under-nasdaq-listing-rule-5635c4\/"},"modified":"2024-11-15T21:33:43","modified_gmt":"2024-11-15T21:33:43","slug":"stagwell-inc-stgw-reports-equity-inducement-grants-under-nasdaq-listing-rule-5635c4","status":"publish","type":"post","link":"https:\/\/rvrising.com\/blogs\/news\/stagwell-inc-stgw-reports-equity-inducement-grants-under-nasdaq-listing-rule-5635c4\/","title":{"rendered":"Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 15, 2024<\/span><\/span> \/PRNewswire\/ &#8212; <a rel=\"nofollow noopener\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4304489-1&amp;h=2812233996&amp;u=https%3A%2F%2Fwww.stagwellglobal.com%2F&amp;a=Stagwell\" target=\"_blank\">Stagwell<\/a> Inc. (the &#8220;Company&#8221;) announced today the grant of equity inducement awards. Effective <span class=\"xn-chron\">November 14, 2024<\/span>, the Company granted\u00a0a total of 55,406 restricted stock units\u00a0to six new employees. Each restricted stock unit represents the right to receive one share of the Company&#8217;s Class A common stock. The restricted stock units will vest in two installments, with one-third vesting on the second anniversary of the grant date and two-thirds vesting on the third anniversary of the grant date. The restricted stock units are subject to accelerated vesting upon (i) termination of employment by the Company without Cause or (ii) death or disability. The Company granted these awards as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4).\u00a0 \u00a0<\/p>\n<p>For more information on Stagwell, please visit <a rel=\"nofollow noopener\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4304489-1&amp;h=2877913725&amp;u=http%3A%2F%2Fwww.stagwellglobal.com%2F&amp;a=www.stagwellglobal.com\" target=\"_blank\">www.stagwellglobal.com<\/a><\/p>\n<p><b>About Stagwell<\/b><\/p>\n<p>Stagwell (NASDAQ:\u00a0<a rel=\"nofollow\" class=\"ticket-symbol\" data-toggle=\"modal\" href=\"#financial-modal\">STGW<\/a>) is the challenger network built to transform marketing. We deliver scaled creative performance for the world&#8217;s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients.\u00a0\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4304489-1&amp;h=3520531082&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4226400-1%26h%3D324236012%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D4210603-1%2526h%253D2536840201%2526u%253Dhttps%25253A%25252F%25252Fc212.net%25252Fc%25252Flink%25252F%25253Ft%25253D0%252526l%25253Den%252526o%25253D3994998-1%252526h%25253D702532469%252526u%25253Dhttps%2525253A%2525252F%2525252Fwww.stagwellglobal.com%2525252F%252526a%25253Dwww.stagwellglobal.com%2526a%253Dwww.stagwellglobal.com%26a%3Dwww.stagwellglobal.com&amp;a=www.stagwellglobal.com\" target=\"_blank\"><b>www.stagwellglobal.com<\/b><\/a>.<\/p>\n<p>SOURCE Stagwell Inc.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY58420&amp;Transmission_Id=202411151631PR_NEWS_USPR_____NY58420&amp;DateId=20241115\" style=\"border:0px; width:1px; height:1px;\"\/><\/p>\n<link rel=\"stylesheet\" href=\"https:\/\/www.prnewswire.com\/etc.clientlibs\/prncom\/components\/content\/prnWidgetButton\/clientlib.min.css\" type=\"text\/css\"\/>\n<div class=\"newsFeaturedSection \">\n<div class=\"newsFeaturedWrap\">\n<p><h2>WANT YOUR COMPANY&#8217;S NEWS <span>FEATURED ON PRNEWSWIRE.COM?<\/span><\/h2>\n<\/p>\n<div class=\"newFeaturedIcon\">\n<div class=\"featuredIcon-col\">\n<div class=\"icon-bg\">\n                            <img decoding=\"async\" src=\"https:\/\/www.prnewswire.com\/content\/dam\/newsfeatured\/icon3.png\" alt=\"icon3\"\/>\n                        <\/div>\n<p>\n                            440k+<br \/>Newsrooms\u00a0&amp;<br \/>Influencers\n                        <\/p>\n<\/p><\/div>\n<div class=\"featuredIcon-col\">\n<div class=\"icon-bg\">\n                            <img decoding=\"async\" src=\"https:\/\/www.prnewswire.com\/content\/dam\/newsfeatured\/icon1.png\" alt=\"icon1\"\/>\n                        <\/div>\n<p>\n                            9k+<br \/>Digital\u00a0Media<br \/>Outlets\n                        <\/p>\n<\/p><\/div>\n<div class=\"featuredIcon-col\">\n<div class=\"icon-bg\">\n                            <img decoding=\"async\" src=\"https:\/\/www.prnewswire.com\/content\/dam\/newsfeatured\/icon2.png\" alt=\"icon2\"\/>\n                        <\/div>\n<p>\n                            270k+<br \/>Journalists<br \/>Opted In\n                        <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Nov. 15, 2024 \/PRNewswire\/ &#8212; Stagwell Inc. (the &#8220;Company&#8221;) announced today the grant of equity inducement awards. Effective November 14, 2024, the Company granted\u00a0a total of 55,406 restricted stock units\u00a0to six new employees. Each restricted stock unit represents the right to receive one share of the Company&#8217;s Class A common stock. The restricted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18673,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[204],"tags":[],"class_list":["post-18672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/posts\/18672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/comments?post=18672"}],"version-history":[{"count":0,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/posts\/18672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/media\/18673"}],"wp:attachment":[{"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/media?parent=18672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/categories?post=18672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvrising.com\/blogs\/wp-json\/wp\/v2\/tags?post=18672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}