Evolus Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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NEWPORT BEACH, Calif. ~ Evolus, Inc., a performance beauty company based in Newport Beach, California, has granted 28,328 restricted stock units (RSUs) of the company's common stock to 7 newly hired non-executive employees. The awards were approved by the compensation committee of the board of directors under the Evolus' 2023 Inducement Incentive Plan and have a grant date and vesting commencement date of December 7, 2023.

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The RSUs will vest 25% on each annual anniversary of the vesting commencement date. The awards are subject to the terms and conditions of the 2023 Inducement Incentive Plan and the terms and conditions of the RSU agreement covering the grant, including requirements to remain continuously employed on each vesting date.

This incentive is intended to attract new employees to Evolus and is in accordance with Nasdaq Listing Rule 5635(c)(4).
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