BBBY details CEO Lemonis pay: $300K salary, $2.2M bonus target, equity awards subject to shareholder vote

BED BATH & BEYOND, INC.

Base salary of $300K per year; target annual bonus of $2.2M (up to 150% of target) with guaranteed monthly draws of $58,333.33.
Equity awards include 1.5M RSUs vesting over 4 years and 600K performance shares (target) over four 1-year periods, contingent on stockholder approval at 2026 annual meeting.
Annual equity awards of $4.5M target value expected starting 2027, subject to board approval and share availability.
Severance provisions on qualifying termination; non-compete covenant for one year post-employment with exceptions for Camping World Holdings role.
CEO may continue as Co-Founder and Special Advisor to Camping World Holdings as a permitted outside activity.

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