Mercury Systems implements early, larger equity retention plan for execs and 100+ leaders

MERCURY SYSTEMS INC

CEO Aslett gets $6.3M performance stock + $6.3M restricted stock on Feb 15, 2022; CFO and GC each get $1.93M and $800k respectively.
Awards granted ~6 months early for fiscal 2023; larger than normal annual compensation.
Plan covers executive leadership and over 100 additional leaders; cited challenging industry environment and labor market.
Additional stock-comp expense of $1.1M ($0.02/shr) for Q3 FY2022 and $3.4M ($0.06/shr) for FY2022.

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