other material
confidence high
sentiment neutral
materiality 0.50
EPAM Systems grants $3M RSUs to CFO Jason Peterson for retention; vests over 3 years
EPAM Systems, Inc.
- RSU grant of 10,094 units valued at $3,000,000 to SVP/CFO Jason Peterson under 2015 LTIP.
- Grant vests in equal thirds on March 15, 2024, 2025, and 2026, contingent on continuous employment.
- Accelerated vesting on death/disability (full after 2 years service) or retirement (age 60+ and combined age+service ≥70).
- Grant is a retention incentive; no change in officer status or compensation structure.