12.06.21
Edgewell Personal Care Company has announced that in connection with its previously-announced acquisition of Billie, Inc , the company has granted to Jason Bravman and Georgina Gooley, co-founders of the fast-growing women's razor and grooming brand, stock options covering 90,000 Edgewell shares and restricted stock units covering 70,657 Edgewell shares, with the awards vesting 25% percent on each of Dec. 1, 2022 and 2023 and 50% on December 1, 2024, subject to continued employment through the applicable vesting dates.
In addition, Edgewell has established an equity award inducement program for certain Billie, Inc. employees that will cover 36,055 shares of Edgewell stock, vesting ratably over a three-year period, subject to continued employment through the applicable vesting dates.
The equity award grants to the Billie co-founders and any grants under the equity award inducement program will be made outside of a shareholder approved equity plan pursuant to the inducement award exception contained in NYSE Listing Rule 303A.08, according to Edgewell.
Rod Little is CEO of Edgewell Personal Care.
In addition, Edgewell has established an equity award inducement program for certain Billie, Inc. employees that will cover 36,055 shares of Edgewell stock, vesting ratably over a three-year period, subject to continued employment through the applicable vesting dates.
The equity award grants to the Billie co-founders and any grants under the equity award inducement program will be made outside of a shareholder approved equity plan pursuant to the inducement award exception contained in NYSE Listing Rule 303A.08, according to Edgewell.
Rod Little is CEO of Edgewell Personal Care.