Holley Announces Inducement Awards Under NYSE Section 303A.08 of the NYSE Listed Company Manual
Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced the grant of inducement equity awards to Matthew Stevenson, Holley’s newly appointed President and Chief Executive Officer.
- Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced the grant of inducement equity awards to Matthew Stevenson, Holley’s newly appointed President and Chief Executive Officer.
- The vesting of the RSUs and PSUs is, in each case, subject to Mr. Stevenson’s continued employment with Holley.
- The RSUs and PSUs have been granted outside of Holley’s 2021 Omnibus Incentive Plan and were approved by Holley’s board of directors in reliance on the employment inducement exemption under Rule 303A.08 of the NYSE Listing Company Manual.
- Although the RSUs and PSUs were granted outside of Holley’s 2021 Omnibus Incentive Plan, the awards will have terms and conditions consistent with those set forth under such plan.