FTC Solar Announces Inducement Grant of Employee Inducement Award
FTC Solar Announces Inducement Grant of Employee Inducement Award
AUSTIN, Texas, Aug. 16, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced that, in accordance with Nasdaq Listing Center requirements, Yann Brandt, the Company's President and Chief Executive Officer, will be granted an employment inducement award in reliance on Nasdaq Stock Market Listing Rule 5635(c).
德州奧斯汀,2024年8月16日(環球新聞社) - 太陽能跟蹤系統、軟件和工程服務領先全球供應商FTC Solar, Inc.(納斯達克:FTCI)今天宣佈,根據納斯達克上市中心要求,公司總裁兼首席執行官Yann Brandt將根據納斯達克股票市場5635(c)上市規則授予就業誘因獎勵。
As previously announced, the Company and Mr. Brandt have entered into an employment agreement, dated July 17, 2024 (the "Employment Agreement"), for his employment with the Company commencing on August 19, 2024 (the "Employment Commencement Date") in connection with his appointment by the Board of Directors of FTC Solar effective as of the Employment Commencement Date.
正如之前宣佈的,公司和Brandt先生已經簽署了一份就業協議,該協議日期爲2024年7月17日(「就業協議」),並於2024年8月19日(「就業開始日期」)起生效,以與FTC Solar董事會任命Brandt先生相關。
The employment inducement award will consist of (i) an award of 4,000,000 restricted stock units ("RSUs") (which will vest over a three-year period, with the initial 25% tranche vesting on the date of grant, and the remaining RSUs vesting in equal tranches at the end of each month thereafter until the three-year anniversary of the date of grant), and (ii) an award of 2,500,000 performance-based restricted stock units ("PSUs"), which will vest over the four-year period commencing on the Employment Commencement Date, subject to the attainment of certain share value hurdles as set forth in the Employment Agreement and, in each case, subject to Mr. Brandt's continued employment through each applicable RSU and PSU vesting date, consistent with the terms of Mr. Brandt's employment agreement with the Company. These awards were approved by the Board of Directors of FTC Solar to be granted on the Employment Commencement Date without shareholder approval as "employment inducement awards" under the Nasdaq Stock Market Listing Rule 5635(c), which requires public announcement of such inducement awards.
就業誘因獎勵將包括(i)授予4,000,000個受限制股票單位(「RSU」)(這些將在三年內歸屬,最初的25%分期將在授予日期歸屬,其餘RSU將在每個月結束後以相等的分期方式歸屬,直到授予日期三週年),和(ii)授予2,500,000 個基於績效的受限股票單位(「PSU」),在就業開始日期起四年內歸屬,根據就業協議所規定的股票價值門檻,分別在RSU和PSU每個歸屬日期通過Mr. Brandt的就業協議的一致條件繼續僱用。這些獎勵經FTC Solar董事會批准,在就業開始日期被授予,不需要股東批准,作爲納斯達克股票市場上市規則5635(c)「就業誘因獎勵」的公告。
About FTC Solar Inc.
Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a leading provider of solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. FTC Solar's innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage.
關於FTC Solar Inc.
FTC Solar成立於2017年,由一群可再生能源行業的老手創建,是太陽能跟蹤系統、技術、軟件和工程服務的主要提供商。太陽能跟蹤器通過動態優化太陽能電池板朝向太陽,從而顯著提高太陽能電站的能量產出。FTC Solar的創新跟蹤器設計提供了引人入勝的性能和可靠性,具有業界領先的每瓦安裝成本優勢。
Forward-Looking Statements
This press release contains forward looking statements. These statements are not historical facts but rather are based on our current expectations and projections regarding our business, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. You should not rely on our forward-looking statements as predictions of future events, as actual results may differ materially from those in the forward-looking statements because of several factors, including those described in more detail above and in our filings with the U.S. Securities and Exchange Commission, including the section entitled "Risk Factors" contained therein. FTC Solar undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.
前瞻性聲明
本新聞稿包含前瞻性聲明。這些陳述不是歷史事實,而是基於我們關於業務、運營和其他相關因素的當前期望和預測。使用如「可能」、「將」、「可能會」、「會」、「應該」、「預期」、「有望」、「繼續」、「期待」、「打算」、「計劃」、「項目」、「相信」、「估計」等類似表達式來識別這些前瞻性聲明。這些聲明僅是預測性聲明,因此無法保證未來的表現,而涉及到難以預測的風險、不確定性和假設。您不應將我們的前瞻性聲明作爲未來事件的預測依據,因爲實際結果可能因幾種因素而異,包括上述內容的更詳細描述和我們向美國證券和交易委員會提交的備案文件中「風險因素」一節所述內容。FTC Solar沒有責任或義務根據新信息、未來事件或其期望變化更新本發佈作中的任何前瞻性聲明,除非法律規定。
FTC Solar Investor Contact:
Bill Michalek
Vice President, Investor Relations
FTC Solar
T: (737) 241-8618
E: IR@FTCSolar.com
FTC Solar投資者聯繫人:
Bill Michalek
投資者關係副總裁
FTC Solar
電話:(737) 241-8618
電子郵件:IR@FTCSolar.com