leadership
confidence high
sentiment neutral
materiality 0.65
DBV Technologies grants CEO Daniel Tassé 4.06M PSUs tied to FDA approval of Viaskin Peanut
DBV Technologies S.A.
- 4,060,000 PSUs awarded to CEO; vesting conditioned on FDA approval of Viaskin Peanut BLA.
- First FDA approval of VP (any age) triggers vesting of 2,900,000 PSUs; second approval for a different indication/age triggers 1,160,000 PSUs.
- Single BLA covering both age groups deems all performance conditions satisfied.
- Vested shares delivered in four equal installments starting July 1, 2028 through January 1, 2030.
- PSUs canceled if performance conditions not met by July 1, 2028; continued employment required.