YORK, April 1, 2022 /PRNewswire/ -- Stagwell
Inc. (NASDAQ: STGW) (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 19,206 restricted shares to Josh
Braithwaite, Chief Creative Officer at Crispin Porter +
Bogusky, 10,000 shares to Nick
Fuller, Managing Partner, Digital Innovation at Stagwell
Global, and 3,201 shares to Jennifer
Chelstad, General Manager, Seattle at Allison & Partners. The grants
are effective March 31, 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
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 10,000+ 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.
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SOURCE Stagwell Inc.