other
confidence high
sentiment neutral
materiality 0.50
Research Solutions adopts long-term equity bonus program with stock price vesting targets
Research Solutions, Inc.
- Up to 2.2M restricted stock awards to key executives under 2017 Omnibus Incentive Plan.
- Vesting based on 30-day VWAP targets: $3.00, $3.75, $4.50, $5.25, $6.00 per share.
- 5-year performance period; unvested awards forfeited after expiration.
- Recipients must hold at least 75% of vested shares during employment.
- Change of control accelerates vesting at transaction price above applicable target.