other material
confidence high
sentiment neutral
materiality 0.20
LENSAR approves 2022 bonuses at 90% of target, 4.5% raise, equity grants for officers
LENSAR, Inc.
- Board approved 2022 annual cash bonuses at 90% of target for CEO Curtis, CFO Connaughton, COO Staab.
- Base salary increased 4.5% effective January 9, 2023 for the three named executive officers.
- Curtis received 77,651 options and 22,186 RSUs; Connaughton 54,356 options and 15,530 RSUs.
- Options strike price $2.65 (FMV on grant date); vest 25% at one year then monthly over 36 months.
- RSUs vest 25% annually over four years; all grants under the 2020 Incentive Award Plan.