other material
confidence high
sentiment positive
materiality 0.65
Under Armour grants $75M in RSUs to Stephen Curry as part of new ambassador and Curry Brand president role
Under Armour, Inc.
- Issued 8,823,530 RSUs of Class C common stock valued at $75M based on April 3, 2023 closing price.
- Award is partial consideration for Curry's new Athlete Agreement: brand ambassador and President of Curry Brand.
- Vesting: two equal installments on Sept 30, 2029 and Sept 30, 2034, prorated if agreement terminates early.
- Issued to WSC and AC Family Revocable Trust (Curry is trustee/beneficiary) under Section 4(a)(2) exemption.