{"id":688531,"date":"2022-09-23T16:18:04","date_gmt":"2022-09-23T20:18:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/vroom-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-2\/"},"modified":"2022-09-23T16:18:04","modified_gmt":"2022-09-23T20:18:04","slug":"vroom-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vroom-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-2\/","title":{"rendered":"Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nVroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on September 22, 2022, the Compensation Committee of Vroom\u2019s Board of Directors approved the grant of inducement restricted stock unit awards covering 95,125 shares of Vroom\u2019s common stock to 22 non-executive employees of Vroom and its affiliates to induce them to join as employees of Vroom and its affiliates. The awards were granted under Vroom\u2019s 2022 Inducement Award Plan, and generally vest in equal annual increments of 1\/3 over the three-year period following their grant, subject to continued employment through each applicable vesting date. The awards were granted as employment inducement awards pursuant to the Nasdaq listing rules.\n<\/p>\n<p><b>About Vroom (Nasdaq: VRM)<\/b><\/p>\n<p>\nVroom is an innovative, end-to-end ecommerce platform that offers a better way to buy and a better way to sell used vehicles. The Company&#8217;s scalable, data-driven technology brings all phases of the vehicle buying and selling process to consumers wherever they are and offers an extensive selection of vehicles, transparent pricing, competitive financing, and contact-free, at-home pick-up and delivery.\n<\/p>\n<p>\nFor more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fir.vroom.com&amp;esheet=52924400&amp;newsitemid=20220923005390&amp;lan=en-US&amp;anchor=ir.vroom.com&amp;index=1&amp;md5=893bebb8a245f8bf6358fb3af3c609b3\">ir.vroom.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220923005390r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220923005390\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220923005390\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations<\/b>:<br \/>\n<br \/>Vroom<br \/>\n<br \/>Liam Harrington<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@vroom.com\">investors@vroom.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Online Retail Retail Automotive General Automotive Other Retail Specialty<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220923005390\/en\/1514790\/3\/Vroom_Square_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) NEW YORK&#8211;(BUSINESS WIRE)&#8211; Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on September 22, 2022, the Compensation Committee of Vroom\u2019s Board of Directors approved the grant of inducement restricted stock unit awards covering 95,125 shares of Vroom\u2019s common stock to 22 non-executive employees of Vroom and its affiliates to induce them to join as employees of Vroom and its affiliates. The awards were granted under Vroom\u2019s 2022 Inducement Award Plan, and generally vest in equal annual increments of 1\/3 over the three-year period following their grant, subject to continued employment through each applicable vesting date. The awards were granted as employment inducement &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vroom-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688531","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vroom-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) NEW YORK&#8211;(BUSINESS WIRE)&#8211; Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on September 22, 2022, the Compensation Committee of Vroom\u2019s Board of Directors approved the grant of inducement restricted stock unit awards covering 95,125 shares of Vroom\u2019s common stock to 22 non-executive employees of Vroom and its affiliates to induce them to join as employees of Vroom and its affiliates. The awards were granted under Vroom\u2019s 2022 Inducement Award Plan, and generally vest in equal annual increments of 1\/3 over the three-year period following their grant, subject to continued employment through each applicable vesting date. 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