secwatch.observer — SEC 8-K summary
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Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0001424929-24-000040
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Factory adopts new PSU award forms tied to EBITDA margin and revenue growth
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492924000040/0001424929-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492924000040/foxf-20240315.htm
  HTML page:      https://secwatch.observer/filing/0001424929-24-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer