Shapeways Holdings, Inc. Reports Inducement Grants Under NYSE Listing Rule 303A.08

Nov 15, 2022

Shapeways Holdings, Inc. (NYSE: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today reported that on November 15, 2022 (the “Grant Date”), the Compensation and Human Capital Committee of Shapeways’ Board of Directors (the “Committee”) granted Alberto Recchi 880,000 restricted stock units (“RSUs”), comprising (i) an employment inducement award consisting of 492,957 RSUs under the Company’s 2022 New Employee Equity Incentive Plan (the “Inducement Plan”) and (ii) 387,043 RSUs under the Company’s 2021 Equity Incentive Plan. As previously announced, Mr. Recchi has been appointed as the Company’s new chief financial officer, effective as of October 1, 2022. Mr. Recchi’s RSUs will vest over four years, with 25% of the RSUs vesting on the one-year anniversary of Mr. Recchi’s employment commencement date and 6.25% of the RSUs vesting quarterly thereafter, subject to earlier vesting in connection with a change of control.

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