other
confidence high
sentiment neutral
materiality 0.40
PAR Tech grants 20,000 RSUs to CEO Savneet Singh as recognition award for 2021 milestones
PAR TECHNOLOGY CORP
- Compensation Committee approved grant of 20,000 time-vesting RSUs to CEO/President Savneet Singh on Feb 11, 2022.
- Award vests ratably in one-third increments annually from grant date, subject to continued service.
- Grant recognizes Singh's leadership in Punchh acquisition (April 2021), common stock offering, and convertible note sale (Sept 2021).
- This award is in addition to equity grants under his Employment Agreement and March 2020 grants.