other material
confidence high
sentiment neutral
materiality 0.55
Q2 Holdings grants 71k TSR & 71k EBITDA PSUs to CEO; other execs also awarded
Q2 Holdings, Inc.
- CEO Matthew Flake receives 71,058 TSR PSUs and 71,059 EBITDA PSUs under new 2023 PSU form.
- TSR PSUs vest based on Q2 TSR vs S&P Software & Service Index over 3 years (0-200% payout).
- EBITDA PSUs vest based on Adj. EBITDA as % of non-GAAP Revenue for FY 2024 (0-200% payout).
- Other execs: COO Breeden (26,696 ea), CRO Volanoski (25,518 ea), CFO Mehok (23,555 ea), EVP Price (23,555 ea).
- Compensation Committee approved grants on March 2, 2023; performance periods ending 2024 and 2026.