other material
confidence high
sentiment neutral
materiality 0.45
G-III awards PSUs to named executives tied to 3-year Adjusted EBIT & ROIC targets
G III APPAREL GROUP LTD /DE/
- Morris Goldfarb (CEO) awarded 125,000 PSUs; other NEOs receive 93,750, 36,458, and 7,812 PSUs.
- PSUs vest March 28, 2027; payout can range from 50% to 150% of target based on performance metrics.
- 75% of PSUs based on cumulative Adjusted EBIT, 25% on average ROIC over fiscal 2025-2027.
- Grants made under 2023 Long-Term Incentive Plan; form agreement filed as Exhibit 10.1.