other material
confidence high
sentiment neutral
materiality 0.40
Grindr grants 135,000 RSUs to CAO Kye Chen; adopts 2023 Bonus Plan
Grindr Inc.
- Compensation Committee approved RSU award of 135,000 shares to CAO Kye Chen; vests over 4 years (25% on first anniversary, then quarterly).
- 2023 Bonus Plan adopted for certain employees including Chief Product Officer Austin 'AJ' Balance; payouts based on financial objectives and individual performance.
- Chen joined as CAO on March 27, 2023; equity grant approved May 2, 2023.