Stitch Fix Announces New Employee Inducement Grant
05 Avril 2024 - 10:05PM
Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling
service, today announced that effective April 2, 2024, the
compensation committee of the company’s board of directors granted
Lillian Reaume, Chief People Officer, restricted stock units (RSUs)
to acquire 509,091 shares of the company’s Class A common stock.
One fourth (25%) of the RSUs will vest on September 11, 2024. The
remaining shares subject to the RSU shall vest as follows: 12.5% of
the shares will vest on each of the next two quarterly vesting
dates; 8.33% will vest on each of the four subsequent quarterly
vesting dates, and 4.17% will vest on each of the four subsequent
quarterly vesting dates, subject to Ms. Reaume’s continued service
on each vesting date. The RSUs were granted pursuant to, and are
subject to the terms of, the Stitch Fix, Inc. Amended and Restated
2019 Inducement Plan and forms of RSU agreements thereunder, which
were approved by the company's board of directors in April 2022
under Rule 5635(c)(4) of the Nasdaq Global Market for equity grants
to induce new employees to enter into employment with the company.
About Stitch Fix, Inc.
Stitch Fix combines the human touch of expert
stylists with the precision of advanced data science to make online
personal styling accessible to everyone. Stitch Fix helps millions
of clients across the United States find clothing and accessories
they love through a unique model that can extend far beyond the
closet to define the future of shopping. For more, visit
https://www.stitchfix.com.
IR Contact: |
PR Contact: |
|
|
Hayden Blair |
Kathryn Hull |
ir@stitchfix.com |
media@stitchfix.com |
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