Brightcove Reports Inducement Grants to CEO Marc DeBevoise Under Nasdaq Listing Rule 5635(c)(4)

Feb 11, 2022

Brightcove+Inc. (Nasdaq: BCOV), the leading intelligent video streaming, monetization, and communications platform, announced on Wednesday, February 9, 2022 that the Company entered into an employment agreement with Marc DeBevoise (the “Agreement”) which provides for the grant of restricted stock unit awards to Mr. DeBevoise effective as of April 4, 2022. These inducement awards were approved on February 8, 2022 by a majority of the independent members of the Brightcove Board of Directors and granted as inducement equity awards outside the Company's 2021 Stock Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4).

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