leadership
confidence high
sentiment neutral
materiality 0.35
Travelzoo stockholders approve option grant of 600,000 shares to CEO Holger Bartel at $5.05 exercise price
TRAVELZOO
- CEO Holger Bartel granted option for 600,000 shares at $5.05; vests 25% semi-annually over 2 years, 5-year term.
- Stockholders also approved option grants to General Manager U.S. and Head of Engineering.
- Five directors elected: Ralph Bartel, Christina Sindoni Ciocca, Volodymyr Cherevko, Michael Karg, Sharry Sun.
- Advisory vote on executive compensation approved with 6,216,201 votes for, 170,683 against.
- CEO option grant received 4,478,737 votes for, 1,908,524 against, and 10,568 abstentions.