February 29, 2024 · Form 4 insider transaction
Ball Dorria L. bought 208,757 shares of The Honest Company, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
On February 29, 2024, the Compensation Committee of the Issuer's Board of Directors approved a grant to the Reporting Person with a grant date of February 29, 2024 in the number of Restricted Stock Units ("RSUs") in Table I, Box 4 above, pursuant to the Issuer's 2023 Inducement Plan and in accordance with the terms of the Reporting Person's employment agreement effective January 2, 2024. The RSUs are payable in an equivalent number of shares of the Issuer's common stock. 25% of the RSUs vest on March 4, 2025 and an additional 6.25% of the RSUs vesting on each quarterly vesting date thereafter, subject to the Reporting Person's continued employment with the Issuer.