NeuroPace grants CEO Joel Becker option for 380,424 shares as inducement to join

NeuroPace Inc

Compensation Committee approved 2023 Inducement Plan reserving 380,424 shares for awards to new employees.
Granted Joel Becker an option to purchase 380,424 shares as material inducement for him to become CEO.
Plan is substantially similar to 2021 Equity Incentive Plan but prohibits ISOs and limits awards to eligible new hires per Nasdaq rules.
Inducement Plan adopted without stockholder approval under Nasdaq Listing Rule 5635(c)(4).
Effective date of plan and grant: July 18, 2023.

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