other material
confidence high
sentiment positive
materiality 0.40
LENSAR grants performance-based equity awards to officers with $75M/$100M revenue targets
LENSAR, Inc.
- CEO Nicholas T. Curtis receives 71,400 RSUs and 71,400 PSUs; other officers also receive awards.
- RSUs vest in four equal annual installments from May 6, 2024 grant date.
- PSUs condition: 50% vests if cumulative one-year trailing revenues reach $75M by Dec 31, 2026; 50% if $100M by Dec 31, 2027.