Vesting

Twist Bioscience Corporation Announces Inducement Grants under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, February 7, 2024

As required by the rules of the Nasdaq Stock Market, Twist Bioscience Corporation (NASDAQ: TWST) (“Twist” or the “Company”), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced that it has granted a total of 122,400 restricted stock units (“RSUs”) to 36 recently hired individuals as an inducement material to their acceptance of employment with Twist.

Key Points: 
  • As required by the rules of the Nasdaq Stock Market, Twist Bioscience Corporation (NASDAQ: TWST) (“Twist” or the “Company”), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced that it has granted a total of 122,400 restricted stock units (“RSUs”) to 36 recently hired individuals as an inducement material to their acceptance of employment with Twist.
  • The employment inducement awards were granted under Twist’s Inducement Equity Incentive Plan and related form of restricted stock award agreement in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The inducement plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Twist, or following a bona fide period of non-employment, as an inducement material to such individuals entering into employment with Twist, pursuant to Nasdaq Listing Rule 5635(c)(4).
  • The RSUs vest over a 48-month period for each employee as follows: 25% vests on the one year anniversary of the start date of the employee (the “Vesting Commencement Date”), and 1/16 of the RSUs vest on each quarterly anniversary (or the last day of the month if no such day exists) of the Vesting Commencement Date thereafter, subject to the employee’s continued service through each vesting date.

GeneDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Monday, November 20, 2023

The RSUs were granted under GeneDx’s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).

Key Points: 
  • The RSUs were granted under GeneDx’s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
  • Typically, upon full vesting, shares are sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs and funded by a "sell to cover" transaction.
  • This does not represent a discretionary transaction by the Reporting Person.

Twist Bioscience Corporation Announces Inducement Grants under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, November 8, 2023

As required by the rules of the Nasdaq Stock Market, Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced that it has granted a total of 130,400 restricted stock units (“RSUs”) to 15 recently hired individuals as an inducement material to their acceptance of employment with Twist.

Key Points: 
  • As required by the rules of the Nasdaq Stock Market, Twist Bioscience Corporation (NASDAQ: TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced that it has granted a total of 130,400 restricted stock units (“RSUs”) to 15 recently hired individuals as an inducement material to their acceptance of employment with Twist.
  • The employment inducement awards were granted under Twist’s Inducement Equity Incentive Plan and related form of restricted stock award agreement in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The inducement plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Twist, or following a bona fide period of non-employment, as an inducement material to such individuals entering into employment with Twist, pursuant to Nasdaq Listing Rule 5635(c)(4).
  • The RSUs vest over a 48-month period for each employee as follows: 25% vests on the one year anniversary of the start date of the employee (the “Vesting Commencement Date”), and 1/16 of the RUSs vests on each quarterly anniversary of the Vesting Commencement Date thereafter, subject to the employee’s continued service through each vesting date.

Sondhelm Partners Continues Winning Streak at Hedgeweek US Awards 2023

Retrieved on: 
Monday, October 30, 2023

NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Sondhelm Partners, a leader in helping boutique asset managers raise capital and build brands, proudly announces its latest triumphs at the Hedgeweek US Awards 2023 .

Key Points: 
  • NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Sondhelm Partners, a leader in helping boutique asset managers raise capital and build brands, proudly announces its latest triumphs at the Hedgeweek US Awards 2023 .
  • Additionally, Sondhelm Partners clinched a strong third place in the Best PR & Marketing Firm category.
  • “Navigating capital raising and brand building stands as formidable challenges for many hedge fund managers,” said Dan Sondhelm, CEO of Sondhelm Partners.
  • The firm faced formidable competitors like Agecroft Partners, Boldwater Partners, Clearglass Capital Partners, Crawford Ventures, Eureka Capital Partners, First Avenue, PJT Park Hill, and The Far Hills Group.

GeneDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Friday, September 22, 2023

The RSUs were granted under GeneDx’s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).

Key Points: 
  • The RSUs were granted under GeneDx’s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
  • Typically, upon full vesting, shares are sold to cover tax withholding obligations in connection with the vesting and settlement of RSUs and funded by a "sell to cover" transaction.
  • This does not represent a discretionary transaction by the Reporting Person.

GeneDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, August 9, 2023

STAMFORD, Conn., Aug. 08, 2023 (GLOBE NEWSWIRE) -- GeneDx, a leader in delivering improved health outcomes through genomic and clinical insights, today announced that, effective as of August 8, 2023, the compensation committee of GeneDx’s board of directors granted newly-hired employees 23,769 restricted stock units (“RSUs”) as inducements material to each employee entering into employment with GeneDx.

Key Points: 
  • STAMFORD, Conn., Aug. 08, 2023 (GLOBE NEWSWIRE) -- GeneDx, a leader in delivering improved health outcomes through genomic and clinical insights, today announced that, effective as of August 8, 2023, the compensation committee of GeneDx’s board of directors granted newly-hired employees 23,769 restricted stock units (“RSUs”) as inducements material to each employee entering into employment with GeneDx.
  • The RSUs were granted under GeneDx’s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The inducement RSUs will vest with respect to 25% of the underlying shares on the first anniversary of July 21, 2023 (the “Vesting Commencement Date”) and with respect to 6.25% of the underlying shares on each of the 12 quarterly anniversaries of the Vesting Commencement Date thereafter, subject to the employee’s continued service with the Company on each applicable vesting date.

Compass Group and AstraZeneca Expand Activities Focused on Innovation and Shared Success

Retrieved on: 
Wednesday, March 29, 2023

Continuing a shared commitment to innovation, Compass Group, the world’s largest food and facility services company, and AstraZeneca, the global, science-led, patient-focused pharmaceutical company, are taking supplier management to the next level.

Key Points: 
  • Continuing a shared commitment to innovation, Compass Group, the world’s largest food and facility services company, and AstraZeneca, the global, science-led, patient-focused pharmaceutical company, are taking supplier management to the next level.
  • This includes prioritizing diversity and inclusion, sustainability, technology, health and well-being, and community outreach – all aligning with AstraZeneca and Compass Group values.
  • “We are committed to creating a unique and healthy workplace that enables productivity and innovation,” said Oliver Sach, Senior Vice President, Compass Group.
  • “Because the Vested model is built to transform business relationships, the partnership value increases exponentially and paves the way for long-term, shared success.”

Vested Launches ‘Media Map’ - Real-Time Media Trends Dashboard

Retrieved on: 
Wednesday, March 29, 2023

Vested, a leading financial marketing and communications consulting firm, has launched the Vested Media Map, a real-time dashboard of trending media topics across core industries.

Key Points: 
  • Vested, a leading financial marketing and communications consulting firm, has launched the Vested Media Map, a real-time dashboard of trending media topics across core industries.
  • The Media Map leverages media matching platform, Qwoted, together with GPT AI, to determine which ideas and commentary are most in demand in the media day-to-day.
  • With Vested’s Media Map, users can select from seven key financial industries, including Business and Finance, FinTech, Real Estate, and the Economy.
  • Commenting on the new dashboard, Ishviene Arora, Vested President and Chief Client Officer, said, "We are excited to launch this tool which will provide our clients and partners unparalleled visibility into media trends and help them stay ahead of the curve.

Envestnet Enhances MoneyGuide Platform to Drive the Future of Digital Financial Planning

Retrieved on: 
Monday, March 13, 2023

BERWYN, Pa., March 13, 2023 /PRNewswire/ -- It's estimated that Baby Boomers will transfer $68 trillion in wealth over the next 25 years—the size and scope of which will have implications for the U.S. economy and the financial well-being of future generations. At the same time, Envestnet's generational research shows that a surprising 50% of Baby Boomers are not formally organizing their long-term finances.

Key Points: 
  • As these data points collide, financial planning considerations have become front and center in many of today's advisor/client conversations.
  • To facilitate a more seamless experience for advisors whose practices incorporate financial planning, Envestnet announces the rollout of its latest Envestnet | MoneyGuide generational technology release.
  • Featuring updates across its financial planning platform, the release supports forward-thinking advisors who are seeking to deliver personalized and relevant planning experiences.
  • "These ongoing updates to our comprehensive financial planning suite give advisors quality data and actionable insights into their clients' financial lives," said Kevin Hughes, Chief Growth Officer of Envestnet | MoneyGuide.

SIG Announces Keynote Lineup and Agenda for 2023 Procurement Technology Summit

Retrieved on: 
Thursday, March 2, 2023

Sourcing Industry Group (SIG), the premier membership organization for sourcing, procurement, outsourcing and third-party risk professionals, today announced the keynote programs and agenda for its upcoming Procurement Technology Summit in Amelia Island, Florida from April 16-19, 2023.

Key Points: 
  • Sourcing Industry Group (SIG), the premier membership organization for sourcing, procurement, outsourcing and third-party risk professionals, today announced the keynote programs and agenda for its upcoming Procurement Technology Summit in Amelia Island, Florida from April 16-19, 2023.
  • This year’s Summit agenda includes keynotes from:
    Bob Pusanik, Director at Citi, and SIG CEO Dawn Tiura will kick off the Summit with a fireside chat , brought to you by GEP.
  • “Our members are leaders and innovators within their organizations, and the Procurement Technology Summit gives them the opportunity to discuss the technologies and trends shaping the industry with like-minded professionals,” said Dawn Tiura, President and CEO of SIG.
  • Anyone not interested in playing has the option to explore Amelia Island on a Historic Tour.