secwatch.observer — SEC 8-K summary
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Issuer:     LENSAR, Inc. (LNSR)
CIK:        0001320350
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000950170-24-055579
Event type: other_material
Sentiment:  positive
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

LENSAR grants performance-based equity awards to officers with $75M/$100M revenue targets
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320350/000095017024055579/0000950170-24-055579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320350/000095017024055579/lnsr-20240503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-055579

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer