Sonder Holdings Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
18 5월 2023 - 7:30PM
Sonder Holdings Inc. (NASDAQ: SOND; “Sonder”) today announced that
on May 17, 2023, the Compensation Committee of Sonder’s Board of
Directors made an equity inducement grant of stock options to
thirty-seven (37) newly hired non-executive employees under the
Sonder Holdings Inc. 2023 Inducement Equity Incentive Plan (the
“Inducement Plan”). The stock option awards provide for the
purchase of an aggregate of 376,100 shares of Sonder’s common
stock.
The Inducement Plan is used exclusively for the grant of equity
awards to individuals who were not previously employees of Sonder
(or one of its subsidiaries), or following a bona fide period of
non-employment, as an inducement material to such individuals’
entering into employment with Sonder (or one of its subsidiaries),
pursuant to Nasdaq Listing Rule 5635(c)(4).
The stock options have an exercise price of $0.53, the closing
price of Sonder’s common stock as reported by Nasdaq on May 17,
2023, the grant date. The stock options have a ten-year term and
vest over four years, with 25% of the shares subject to the award
vesting on the first anniversary of the applicable employee’s date
of hire, and an additional 1/48th of the shares subject to the
award vesting monthly thereafter, subject to the employee’s
continued service through the applicable vesting dates (subject to
the terms and conditions of the Inducement Plan and the option
award agreement covering the grant).
About Sonder Holdings Inc.Sonder (NASDAQ: SOND)
is revolutionizing hospitality through innovative, tech-enabled
service and inspiring, thoughtfully designed accommodations
combined into one seamless experience. Launched in 2014, Sonder
provides a variety of accommodation options — from spacious rooms
to fully-equipped suites and apartments — found in over 40 markets
spanning ten countries and three continents. The Sonder app gives
guests full control over their stay. Complete with self-service
features, simple check-in and 24/7 on-the-ground support, amenities
and services at Sonder are just a tap away, making a world of
better stays open to all.
To learn more, visit www.sonder.com or follow Sonder on
Facebook, Twitter or Instagram.
Download the Sonder app on Apple or Google Play.
ContactsMedia:press@sonder.com
Investor:ir@sonder.com
Sonder (NASDAQ:SOND)
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