NEW
YORK, Aug. 19, 2022 /PRNewswire/ -- Stagwell
Inc. (the "Company") announced today the grant of equity inducement
awards of Class A common stock to three new employees in connection
with their joining the Company. The Company granted a total of
27,974 shares of restricted stock. The grants are effective
August 17, 2022, and will each 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 Company granted these awards as
a material inducement to employment in accordance with Nasdaq
Listing Rule 5635(c)(4).
For more information on Stagwell, please visit
www.stagwellglobal.com
About Stagwell
Stagwell is the challenger network built to transform marketing.
We deliver scaled creative performance for the world's most
ambitious brands, connecting culture-moving creativity with
leading-edge technology to harmonize the art and science of
marketing. Led by entrepreneurs, our 13,000+ specialists in 34+
countries are unified under a single purpose: to drive
effectiveness and improve business results for their clients. Join
us at www.stagwellglobal.com.
Contact:
Beth Sidhu
Beth.Sidhu@stagwellglobal.com
202-423-4414
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SOURCE Stagwell Inc.