Ocugen grants CEO Shankar Musunuri 9.37M performance-based RSUs tied to regulatory and stock milestones

Ocugen, Inc.

Award of 9,369,604 PSUs approved Dec 12, 2025; grant date Jan 2, 2026, in addition to regular annual grant.
Three-year performance period ending Dec 31, 2028; vesting upon Compensation Committee certification of milestone achievement.
Two-thirds of PSUs vest on regulatory milestones; one-third vests on stock performance milestone.
Unearned PSUs forfeited if milestones not achieved by end of Performance Period or upon CEO's termination.

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