Beauty Health grants $1.54M retention bonuses to CFO, COO, CRO amid transformation

SkinHealth Systems Inc.

Cash retention awards: CFO Monahan $85,500, COO Hauser $85,500, CRO Watson $88,200; payable in lump sum if employed through June 1, 2024.
RSU retention awards: Monahan 176,711 RSUs ($445,313), Hauser 176,711 ($445,313), Watson 156,250 ($393,750) at $2.52/share.
Vesting: 50% on Dec 1, 2024, 50% on June 1, 2025, subject to continued employment; accelerated vesting upon death/disability or specified CIC-related termination.
Retention bonuses aim to keep executives during business transformation to reduce operating costs and streamline operations.

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