other material
confidence high
sentiment neutral
materiality 0.20
LendingTree grants performance-based RSUs to Presidents Moriarty and Peyree
LendingTree, Inc.
- J.D. Moriarty (President, Marketplace & COO) and Scott Peyree (President, Insurance) each receive 8,000 target performance-based RSUs.
- Earned shares range from 0% to 150% of target based on H2 2022 business-level adjusted EBITDA.
- Corporate-level adjusted EBITDA for 2022 must also be achieved; vesting over three years from earning date.
- Grants made under Seventh Amended and Restated LendingTree 2008 Stock Plan.