Yelp Announces New Employee Inducement Grants Under NYSE Rule 303A.08
July 21 2023 - 4:05PM
Business Wire
Yelp Inc. (NYSE: YELP), the company that connects people with
great local businesses, announced that on July 17, 2023, the
Compensation Committee of Yelp’s Board of Directors granted
inducement restricted stock unit awards covering 62,122 shares of
Yelp’s common stock to four new non-executive employees to induce
them to accept employment with Yelp. Each award was granted under
the Yelp Inc. 2023 Inducement Award Plan and vests over a four-year
period, subject to continued employment with Yelp through each
vesting date.
Each award was granted as a material inducement to employment in
accordance with the NYSE Listed Company Manual Rule 303A.08.
About Yelp Inc.
Yelp Inc. (yelp.com) is a community-driven platform that
connects people with great local businesses. Millions of people
rely on Yelp for useful and trusted local business information,
reviews and photos to help inform their spending decisions. As a
one-stop local platform, Yelp helps consumers easily discover,
connect and transact with businesses across a broad range of
categories by making it easy to request a quote for a service, book
a table at a restaurant, and more. Yelp was founded in San
Francisco in 2004.
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version on businesswire.com: https://www.businesswire.com/news/home/20230721712129/en/
Investor Relations Contact: Kate Krieger ir@yelp.com
Press Contact: Amber Albrecht press@yelp.com
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