TPG approves CEO Winkelried long-term incentive: 2.6M RSUs + 3.9M PRSUs with stock price hurdles

TPG Inc.

2,594,755 RSUs vest 25% annually on Jan 13, 2025-2028; dividend equivalents paid on vested and unvested RSUs.
3,892,133 PRSUs vest 20% annually 2025-2029, contingent on stock price hurdles: $52.50, $58.45, $64.05, $70.00.
PRSU hurdles represent 150%–200% of grant date closing price; 1.5x hurdle must be met by Jan 13, 2029, others by Jan 13, 2030.
Termination without cause, good reason, death, or disability provides credit for service vesting through next scheduled date; PRSUs stay eligible.
Dividend equivalents accrue on PRSUs and pay only if both service and performance conditions are satisfied.

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