Company: WW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029511
Chunk: 312

Company: WW INTERNATIONAL, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 312
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 Compensation and Benefits Committee may make, including non-qualified stock options, incentive stock options, stock appreciation rights, RSUs, restricted stock, performance-based awards and other equity-based awards.

(4)Consists of 750,000 aggregate shares of our common stock issuable upon the exercise of stock options granted on March 21, 2022 to Sima Sistani, our former Chief Executive Officer, in connection with her prior appointment as our Chief Executive Officer. Ms. Sistani's inducement stock options were granted in reliance on the employment inducement exemption provided under the Nasdaq Listing Rule 5635(c)(4). Ms. Sistani's stock options have a seven year term and proportionately vest annually over a four year period which began with the first anniversary of her March 21, 2022 employment commencement date. When Ms. Sistani ceased serving as the Company’s President and Chief Executive Officer effective September 27, 2024, all of her then unvested stock options were immediately cancelled. While such inducement stock options were not awarded pursuant to our 2014 Plan, they are subject to the same terms and conditions of the 2014 Plan.

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Code of Business Conduct and Ethics

We have adopted the Code of Business Conduct and Ethics for our officers, including our principal executive officer, principal financial officer, principal accounting officer or controller, and our employees and directors. Our Code of Business Conduct and Ethics is available on our corporate website at corporate.ww.com/govdocs.

In addition to any disclosures required under the Exchange Act, the date and nature of any substantive amendment of our Code of Business Conduct and Ethics or waiver thereof applicable to any of our principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions, and that relates to any element of the code of ethics definition enumerated in Item 406(b) of Regulation S-K of the Exchange Act, will be disclosed within four business days of the date of such amendment or waiver on our corporate website at corporate.ww.com/govdocs and corporate.ww.com/corporate-actions, respectively. In the case of a waiver, the name of the person to whom the waiver was granted will also be disclosed on our corporate website within four business days of the date of such waiver.

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PART IV

Item 15. Exhibits and Financial Statement Schedules

(a) 

1.Financial Statements

The financial statements listed in the Index to Financial Statements and Financial Statement Schedule on page F-1