other material
confidence high
sentiment neutral
materiality 0.55
Digital Turbine grants PSUs to CEO, CFO, CTO; CEO eligible for $2.4M cash bonus
Digital Turbine, Inc.
- CEO William Stone granted 500,000 PSUs; CFO Garrison and CTO Kanagaratnam each 250,000 PSUs.
- PSUs vest 2/3 on three-year revenue/EBITDA targets and 1/3 on growth targets.
- CEO Stone eligible for cash bonus up to $2.4M based on same performance metrics.
- PSU and bonus targets interpolated linearly between annual plan and growth goals.
- Filing corrects disclosure in May 28, 2024 10-K Item 9B regarding these arrangements.