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confidence high
sentiment neutral
materiality 0.20
Fox Factory adopts new PSU award forms tied to EBITDA margin and revenue growth
FOX FACTORY HOLDING CORP
- Compensation Committee approved two new PSU award forms under the 2022 Omnibus Plan.
- One form uses Adjusted EBITDA Margin % as performance metric; payout ranges from 0% to 200% of target.
- Second form uses Revenue Growth metric, with primary and secondary performance periods for vesting.
- Grants will be made to eligible participants; no immediate grants announced.
- Forfeiture includes pro-rata vesting for termination without cause, death, disability, or qualified retirement.