CS Disco grants CEO Kiwi Camara 4.37M share performance option tied to stock price milestones up to $900

CS Disco, Inc.

Grant of 4,366,966 shares (7.5% of outstanding) to CEO Kiwi Camara, subject to stockholder approval at July 12, 2022 annual meeting.
Option vests in six tranches with stock price milestones: $150, $300, $450, $600, $750, $900 per share; current price ~$24.71.
Exercise price is the greater of $32 (IPO price) or closing price on grant date (May 25, 2022).
No additional equity grants to Camara while award in effect; award expires if stockholder approval not obtained.
Company retains Alliance Advisors for proxy solicitation at ~$25,000 fee.

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