other material
confidence high
sentiment neutral
materiality 0.30
Northfield Bancorp grants 157,416 restricted shares and 24,495 RSUs under 2019 plan
Northfield Bancorp, Inc.
- Compensation Committee approved grants on Jan 28, 2022: 157,416 restricted shares and 24,495 restricted stock units.
- Time-based awards for employees vest in equal installments over three years; director awards vest fully on Jan 28, 2023.
- Performance-based RSUs for executive officers vest upon achieving specified goals over a three-year period.
- Board also approved the 2022 Management Cash Incentive Plan and amended the Management Cash Incentive Governing Plan on Jan 26, 2022.