other
confidence high
sentiment neutral
materiality 0.35
LifeMD awards 75k RSUs and 250k PSUs to CFO; 37.5k RSUs and 105k PSUs to GC
LifeMD, Inc.
- CFO Marc Benathen receives 75k RSUs vesting over 2 years and 250k PSUs tied to revenue/EBITDA/stock price milestones.
- General Counsel Eric Yecies receives 37.5k RSUs vesting over 2 years and 105k PSUs with same performance criteria.
- PSUs have a 5-year performance period; 100% accelerate upon Change of Control, forfeited on other departures.
- Awards recognize 2021 contributions including Benathen's role in preferred share offering and Yecies' work on medical PC network.