other material
confidence high
sentiment neutral
materiality 0.50
GSI Technology adopts 2023 Variable Compensation Plan with CEO target bonus of $250k
GSI TECHNOLOGY INC
- CEO Lee-Lean Shu target bonus $250k; other executive officers each $125k.
- Bonuses tied to net revenue targets for Rad-Hard/Rad-Tolerant SRAM and APU products.
- Maximum payout up to 2x target if performance goals exceeded.
- Vesting: 60% payable April 2023, then 20% each April 2024 and April 2025.