other
confidence high
sentiment neutral
materiality 0.60
Domo board approves CEO and COO compensation changes including PSUs with stock price targets
DOMO, INC.
- CEO base salary set at $450k; FY2023 bonus opportunity $425k; 167,223 RSUs (incl. 47,778 promotion grant).
- COO base salary set at $450k; FY2023 bonus opportunity $325k; 142,139 RSUs (incl. 53,750 promotion grant).
- CEO awarded 71,667 performance-based RSUs vesting at 30-day VWAP targets of $60, $70, and $90 per share.
- RSUs vest over 4 years (25% at year one, then quarterly); PSUs have time- and performance-based requirements.