other material
confidence high
sentiment neutral
materiality 0.40
Alexandria Real Estate increases target LTI grants for Marcus to $3.6M and Moglia to $5.5M
ALEXANDRIA REAL ESTATE EQUITIES, INC.
- Joel Marcus target LTI grant raised to $3.6M from $2.75M; time-based vesting extended to 48 months from 36.
- Peter Moglia target LTI grant raised to $5.5M from $4.5M; time-based vesting also extended to 48 months.
- Performance-based stock maximum reduced to 150% of target (from 156.4%) for both executives.
- Trading restrictions apply to vested time-based and performance-based shares for both.