other material
confidence high
sentiment neutral
materiality 0.35
Quantum-Si amends CEO and CFO stock options with price-based vesting at $6-$12
Quantum-Si Inc
- CEO Jeffrey Hawkins: 1.5X Option (1.39M shares) and 3.5X Option (1.39M shares) amended with new performance vesting conditions.
- CFO Jeffry Keyes: 1X Option (500K shares) and 3X Option (500K shares) amended with similar vesting price targets.
- Vesting triggers: stock closing price ≥$6, $8, $10, or $12 for 20 of 30 consecutive trading days within 3 years from March 15, 2024.
- Amendments effective March 15, 2024, designed to align executive incentives with stock price performance.