leadership
confidence high
sentiment neutral
materiality 0.40
Sprouts Farmers Market finalizes CFO Chip Molloy's severance and equity grant
Sprouts Farmers Market, Inc.
- Severance agreement provides two years base salary and two years target bonus on change-in-control or involuntary termination.
- Sign-on RSU grant of undisclosed number; 100% vests on Sept 20, 2023.
- RSUs accelerate upon change-in-control or involuntary termination; defined in letter agreement.