other material
confidence high
sentiment neutral
materiality 0.25
NBHC adopts equity plan for 2UniFi subsidiary; grants up to 200,000 Class B Units
National Bank Holdings Corp
- Compensation Committee approved 2023 Equity Unit Incentive Plan for 2UniFi, a wholly owned subsidiary.
- Plan reserves 200,000 Class B Units (profits interests) for employees and service providers, including NBHC named executive officers.
- Awards vest 50% on third anniversary, 25% on fourth and fifth anniversaries, subject to continued service.
- Grants to NBHC executive officers require NBHC Compensation Committee approval; plan administered by 2UniFi Managing Member Board.
- Accelerated vesting may occur on death, disability, termination without cause, or change in control of 2UniFi or NBHC.