other material
confidence high
sentiment positive
materiality 0.65
FICO grants CEO William Lansing ~$30M retention award of MSUs and options
FAIR ISAAC CORP
- ~$30M retention award to CEO William Lansing: 19,576 target MSUs and 52,082 non-qualified stock options.
- MSUs vest based on FICO's TSR vs Russell 3000 over 3-, 4-, and 5-year periods; payout 0-200% of target.
- Options vest 3/5 on 3rd anniversary, 1/5 on 4th, 1/5 on 5th; exercise price $791.60 (closing price on grant date).
- Shares from award must be retained until June 5, 2028; retirement does not accelerate vesting.