other material
confidence high
sentiment neutral
materiality 0.50
Brinker adopts new Performance Share Plan and RSU award for executives
BRINKER INTERNATIONAL, INC
- Performance Share Plan targets Adjusted EBITDA for Company or brand over three-year period.
- Payout ranges from 0% (below minimum) to 200% (above maximum) of target shares.
- Participants must remain employed through end of three fiscal years, subject to exceptions (death, disability, retirement, involuntary termination).
- Separate RSU award grants restricted stock vesting on third anniversary, also contingent on continued employment.