Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HNST | Common Stock | Award | $0 | +1.85M | $0.00 | 1.85M | Mar 21, 2023 | Direct | F1 |
Id | Content |
---|---|
F1 | On March 14, 2023, the Compensation Committee of the Issuer's Board of Directors approved a grant to the Reporting Person with a grant date of March 21, 2023 in the number of Restricted Stock Units ("RSUs") in Table I, Box 4 above, pursuant to the Issuer's 2023 Inducement Plan and in accordance with the terms of the Reporting Person's employment agreement effective January 9, 2023. The RSUs are payable in an equivalent number of shares of the Issuer's common stock. 25% of the RSUs vest on March 4, 2024 and an additional 6.25% of the RSUs vesting on each quarterly vesting date thereafter, subject to the Reporting Person's continued employment with the Issuer and the vesting acceleration provisions set forth in the Reporting Person's previously disclosed employment agreement. |