Emerson awards CEO and COO 350,000 premium-priced stock options each

EMERSON ELECTRIC CO

Each executive receives 350,000 options with exercise prices from $128.46 (at-market) to $256.92 (100% premium) in five tranches of 70,000.
Options vest pro rata over five years (14,000 per tranche annually), subject to continued employment and expire in 10 years.
80% of options have premium exercise prices requiring stock appreciation for full value, aligning with shareholder returns.
Awards include confidentiality, non-competition, and non-solicitation covenants; granted under 2024 Equity Incentive Plan.

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