Victory Capital grants performance stock awards to CEO, CFO, and other top executives

Victory Capital Holdings, Inc.

CEO David Brown receives 590,115 performance shares valued at $39.3M; vesting tied to stock price hurdles.
Four stock price hurdles from $100.01 (25% vest) to $133.34 (100% vest) over a 7-year measurement period.
President/CFO Policarpo gets 295,050 shares ($19.7M); three other executives receive smaller grants.
Future annual grants of time-vested shares to recipients will be reduced to offset this one-time award.
No acceleration or continued vesting upon termination except for CEO under his employment agreement.

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