other material
confidence high
sentiment neutral
materiality 0.25
BigCommerce grants performance-based RSUs to six executives tied to EBITDA, revenue, and TSR
Commerce.com, Inc.
- Brent Bellm (CEO) receives 63,493 target EBITDA RSUs, 63,493 revenue RSUs, and 63,494 TSR RSUs.
- Daniel Lentz receives 34,130 target units in each of the three performance categories.
- Russell Klein, Brian Dhatt, Chuck Cassidy, and Hubert Ban also receive proportionate target awards.
- Performance period runs Jan 1, 2024 to Dec 31, 2026; vesting ranges 0%–200% of target based on achievement.
- TSR RSUs include a cap at 100% if absolute TSR is negative; relative performance vs. Russell 2000 Index.