other material
confidence high
sentiment neutral
materiality 0.50
Knowles grants CEO Jeffrey Niew 81,788 PSUs with target value $1.5M tied to Adjusted EPS and revenue goals
Knowles Corp
- Target PSUs: 81,788, grant date fair value $1.5M, payout range 0%-400%.
- Performance metrics: Adjusted EPS gate of $1.50 and revenue goals ($800M target, $1B max) over 2025-2027.
- Extended performance period if targets not met initially, with 10% reduction per quarter up to 8 quarters.
- Change of Control provision: adjusted thresholds ($1.35 EPS, 90% revenue target) with potential payout.
- Interim earn-outs possible if targets met by Dec 31, 2026 (Interim Earned PSUs).