Dave & Buster's approves one-time equity grants to executives with stock purchase condition

Dave & Buster's Entertainment, Inc.

Compensation Committee approved one-time grants of performance-based RSUs, time-based RSUs, and stock options to named executive officers on Oct 7, 2022.
Annual long-term incentive awards for participants will be adjusted downward for the next five years.
Options vest in equal annual installments over five years, subject to a purchase condition requiring stock purchase by Jan 13, 2023.
Failure to meet the purchase condition (minimum $ amount) results in forfeiture of proportionate option shares.
The grants align executive interests with shareholders; form of nonqualified stock option agreement filed as Exhibit 10.1.

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