In Accordance with NYSE Rule 303A.08, this Press Release Makes Public the Grant of an Employment Inducement Award
08 Mars 2024 - 10:46PM
Business Wire
As required by the rules of the New York Stock Exchange, Weave
Communications, Inc. (NYSE: WEAV), a leading all-in-one customer
experience and payments software platform for small and
medium-sized healthcare businesses, today announced that it has
granted to David McNeil, Weave’s recently appointed Chief Revenue
Officer, on March 1, 2024, the following equity award as an
inducement for him to accept employment: restricted stock units
relating to 350,000 shares of Weave’s common stock, which vest over
three years, with 33% vesting on March 15, 2025 and the remaining
67% over the following 2 years in equal quarterly installments, in
each case subject to Mr. McNeil’s continued service through each
vesting date.
The employment inducement award was granted under Weave’s 2022
Inducement Equity Incentive Plan and related form of restricted
stock unit agreement. The Compensation Committee of Weave’s Board
of Directors approved this award in reliance on the employment
inducement exception to shareholder approval provided under Section
303A.08 of the NYSE Listed Company Manual. To comply with the terms
of this exemption, the employment inducement award requires prompt
public announcement of the award and written notice to the
NYSE.
About Weave
Weave is the all-in-one customer experience and payments
software platform for small and medium-sized healthcare practices.
From the first phone call to the final invoice and every touchpoint
in between, Weave connects the entire patient journey. Weave’s
software solutions transform how local healthcare practitioners
attract, communicate with and engage patients to grow their
practice. In the past year, Weave has been named a G2 leader in
Patient Relationship Management, Patient Engagement, Optometry, and
Dental Practice Management software. To learn more, visit
getweave.com/newsroom/.
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version on businesswire.com: https://www.businesswire.com/news/home/20240307138368/en/
Investor Relations Mark McReynolds Head of Investor
Relations ir@getweave.com
Weave Communications (NYSE:WEAV)
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