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Stock impact report

Mastech Digital Announces New Employee Inducement Grant Under NYSE American Listed Company Guide Rule Sec. 711 [Yahoo! Finance]

Mastech Digital, Inc (MHH) 
NASDAQ:AMEX Investor Relations: mastechdigital.com/investors
Company Research Source: Yahoo! Finance
leading provider of Digital Transformation Services, today announced that the Company made an award of non-qualified stock options to purchase up to 702,358 shares of the Company's common stock to its new President and Chief Executive Officer, Nirav Patel , effective on his start date, January 6, 2025 (the "Effective Date"). The award was made pursuant to the Company's previously announced Executive Employment Agreement with Mr. Patel, and as a material inducement to him joining the Company as its President and Chief Executive Officer. Mastech_Digital_Logo Subject to the terms of the underlying stock option agreement, the stock options will vest in accordance with the following schedule: (i) 87,795 shares will vest on the one-year anniversary of the Effective Date; (ii) 87,795 shares will vest on the second-year anniversary of the Effective Date; (iii) 87,795 shares will vest on the third-year anniversary of the Effective Date; (iv) 87,794 shares will vest on the four-year Show less Read more
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