close
close

Mondor Festival

News with a Local Lens

Noodles Announces Incentive Grant Under Nasdaq Listing Rule 5635(c)(4)
minsta

Noodles Announces Incentive Grant Under Nasdaq Listing Rule 5635(c)(4)

Financial news

BROOMFIELD, Colo., Nov. 19, 2024 (GLOBE NEWSWIRE) — Noodles & Company (NASDAQ: NDLS) (the “Company”) today announced that its board of directors (the “Board”) has granted an award of shares to Steve Kennedy. as an equity incentive award outside of the Company’s 2023 Stock Incentive Plan and material to Mr. Kennedy’s acceptance of employment with the Company. The stock award was approved by the Board in accordance with Nasdaq Listing Rule 5635(c)(4).

In connection with Mr. Kennedy’s appointment as Executive Vice President, Marketing, the Company granted Mr. Kennedy a time-based award of 50,000 RSUs. One-quarter of the RSUs will vest on each anniversary of Mr. Kennedy’s commencement date, subject to his continued employment with the Company on such vesting dates.

About Nouilles & Compagnie

Since 1995, Noodles & Company has been serving customers Uncommon Goodness products and noodles your way, with noodles and flavors you know and love and new ones you’re about to discover. From Wisconsin Mac and Cheese to better-for-you Zoodles, Noodles serves a world of flavor in every bowl. Comprised of more than 450 restaurants and 8,000 passionate team members, Noodles is dedicated to nourishing and inspiring every customer who walks through the door. To learn more or find the location closest to you, visit www.noodles.com.

Contacts:

Investor Relations
[email protected]

Danielle Moore
[email protected]