Share this article Share this article NEW YORK, April 14, 2021 /PRNewswire/ -- (NASDAQ: MDCA) – MDC Partners (the "Company") announced today that it has granted equity inducement awards of Class A subordinate voting shares to three new employees, in connection with their joining the Company. Effective April 14, 2021, the Company granted restricted shares to the new employees as follows: Deirdre McGlashan – 100,000 shares; Michaela Pewarski – 50,000 shares; and Peter McElligott – 25,000 shares. The restricted shares granted to Ms. McGlashan and Mr. McElligott will vest on the third anniversary of the grant date, and the restricted shares granted to Ms. Pewarski will vest in two equal installments on the second and third anniversaries of the grant date, subject in each case to the employee's continued employment with the Company through the vesting date. The restricted shares are subject to accelerated vesting upon (i) termination of employment by the Company without Cause or (ii) death or disability. The Company granted these awards as a material inducement to employment in accordance with NASDAQ Listing Rule 5635(c)(4).